Meta follows Twitter's infamous blue check plan as ad revenue falls  ( 11 min )

The average personal loan rate climbed almost a quarter point this week, fueled by a notable increase for those with Excellent credit.  ( 11 min )

News of the day for March 14, 2023  ( 11 min )

As the fallout from the collapse of Silicon Valley Bank and Signature Bank rattles U.S. financial markets, President Biden called for stiffer banking regulations. The bank failures mark the second and third-largest in U.S. history, respectively, after the collapse of Washington Mutual in 2008.  ( 10 min )

Rates on 30-year mortgages saw a major drop, reducing the average almost three-tenths of a point to its lowest level in three weeks.  ( 12 min )

The 1988 Basel 1 agreement sought to decrease bankruptcies among major international banks.  ( 18 min )

De waarde van de grootste cryptomunt is dinsdag voor de vierde dag op rij gestegen. Voor 1 bitcoin betaal je ruim 26.000 dollar (24.200 euro). Dat is de hoogste koers sinds juni vorig jaar.  ( 3 min )

Het personeel in het streekvervoer stopt na woensdag tijdelijk met staken. De stakingspauze duurt tot volgende week vrijdag. De vakbonden willen de nieuwe onderhandelingen met de werkgevers een kans geven.  ( 3 min )

Bij een stroomstoring valt bijna alles om ons heen uit, maar het mobiele netwerk kunnen we blijven gebruiken. Dat komt doordat de meeste zendmasten in mobiele netwerken met accu's zijn uitgerust. Je kan daardoor nog twee tot drie uur blijven bellen.  ( 4 min )

De zes bedrijven die de bagageafhandeling op Schiphol regelen moeten zo snel mogelijk meer hulpmiddelen inzetten voor medewerkers die zwaar sjouwwerk doen, laat de de Nederlandse Arbeidsinspectie weten. Bij alle bagageafhandelaars wordt te weinig gedaan om de fysieke belasting te verminderen.  ( 3 min )

Het aantal Nederlanders met een consumptief krediet, zoals koop op afbetaling of een krediet bij een creditcard, is vorig jaar gedaald naar 7,8 miljoen. In 2021 ging het nog om 8 miljoen mensen. Ook het aantal betalingsachterstanden bij leningen is gedaald, blijkt uit nieuwe cijfers van Stichting BKR.  ( 4 min )

Wat al een tijdje in de lucht hing, kwam vorige week definitief naar buiten: ASML mag sommige chipmachines niet meer aan China leveren. Daarmee is het grootste techbedrijf van Europa even het middelpunt van een mondiale ruzie tussen twee grootmachten. De komende tijd volgen waarschijnlijk meer landen, vooral uit Azië.  ( 5 min )

De Amerikaanse president Joe Biden geeft groen licht voor olieboringen in Alaska. Hierdoor mag energieconcern ConocoPhillips de komende jaren boren in het grootste stuk ongerepte natuur van de Verenigde Staten. Daarmee verbreekt Biden zijn verkiezingsbelofte om nieuwe olie- en gasprojecten niet meer toe te staan. Milieugroepen zijn boos en dreigen met rechtszaken.  ( 3 min )

Het aantal Nederlanders met een consumptief krediet, zoals koop op afbetaling of een krediet bij een creditcard, is vorig jaar gedaald naar 7,8 miljoen. In 2021 ging het nog om 8 miljoen mensen. Ook het aantal betalingsachterstanden bij leningen is gedaald, blijkt uit nieuwe cijfers van Stichting BKR.  ( 4 min )

Luchthaven Schiphol moet een deel van de dieselvoertuigen op het platform voor het einde van het jaar vervangen. Dat bevestigt de Nederlandse Arbeidsinspectie dinsdag na berichtgeving van Zembla. De ingreep is bedoeld om de gezondheid van platformmedewerkers te beschermen.  ( 4 min )

Wat al een tijdje in de lucht hing, kwam vorige week definitief naar buiten: ASML mag sommige chipmachines niet meer aan China leveren. Daarmee is het grootste techbedrijf van Europa even het middelpunt van een mondiale ruzie tussen twee grootmachten. De komende tijd volgen waarschijnlijk meer landen, vooral uit Azië.  ( 5 min )

Boze aandeelhouders van de omgevallen Silicon Valley Bank (SVB) zijn maandag naar de rechter gestapt. Zij verwijten het management dat het niet duidelijk genoeg is geweest over de risico's die het bedrijf liep door de hoge rentes van de laatste tijd. Ook is duidelijk geworden dat Nederlandse pensioenfondsen schade lijden door het faillissement, al gaat het om relatief kleine bedragen.  ( 5 min )

Het kabinet moet een reeks vergaande maatregelen nemen om de klimaatdoelen te halen, blijkt uit een groot beleidsonderzoek. De veestapel moet flink krimpen, de belastingen op fossiel energiegebruik moeten omhoog en in het vervoer moeten veel meer biobrandstoffen worden gebruikt.  ( 7 min )

Tot 2030 moeten er in ons land 900.000 woningen bij komen en provincies hebben daar een centrale rol in. Dit is dus een belangrijk thema bij de Provinciale Statenverkiezingen. Maar de regionale overheden zijn ook verantwoordelijk voor stikstofreductie en dat zit de woningbouw behoorlijk in de weg.  ( 7 min )

Dit jaar dalen de huizenprijzen met 4,2 procent, verwachten economen van de Rabobank. Wel denkt de bank dat de prijzen mede door onvoldoende nieuwbouw in 2024 niet veel verder zullen dalen.  ( 4 min )

De populariteit van vinyl is ook vorig jaar flink toegenomen. In totaal is in 2022 voor 37 miljoen euro aan lp's verkocht in Nederland. Dat is zo'n 8,6 miljoen euro meer dan in 2021, een stijging van 30 procent.  ( 3 min )

De boerenprotesten, de politieke partij voor boeren en de aandacht ervoor in de media; je zou haast denken dat Nederland een boerenland is. In oppervlakte is twee derde van het landoppervlak aan te duiden als boerenland. Het aantal boerenbedrijven halveert iedere 25 jaar, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )

Ook vandaag rijden er door een staking minder treinen, trams en bussen in het streekvervoer. Vooral in de Achterhoek, het Vechtdal en Limburg is het openbaar vervoer beperkt door de staking. De vakbonden zijn bereid om met de werkgevers over een mogelijke stakingspauze te praten.  ( 4 min )

Rusland wil de deal met Oekraïne over graanexporten via de Zwarte Zee met 60 dagen verlengen, laat het Kremlin weten na overleg met de Verenigde Naties in het Zwitserse Genève. Oekraïne zou liever een verlenging van 120 dagen zien.  ( 3 min )

Rusland wil de deal met Oekraïne over graanexporten via de Zwarte Zee met 60 dagen verlengen, laat Moskou weten na overleg met de Verenigde Naties in het Zwitserse Genève. Oekraïne zou liever een verlenging van 120 dagen zien.  ( 3 min )

De Federal Reserve gaat een intern onderzoek doen naar haar toezicht op de Silicon Valley Bank (SVB) voordat deze omviel. Die gebeurtenissen vragen volgens Fed-voorzitter Jerome Powell namelijk om een "grondige, transparante en snelle herziening".  ( 3 min )

De boerenprotesten, de politieke partij voor boeren en de aandacht ervoor in de media; je zou haast denken dat Nederland een boerenland is. In oppervlakte is twee derde van het landoppervlak aan te duiden als boerenland. Het aantal boerenbedrijven halveert iedere 25 jaar, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )

The bank was sitting on an unreallized loss of nearly $109 billion in a large bond portfolio at the end of 2022  ( 23 min )

First Republic (FRC) and other regional banks are up sharply, in a stunning reversal from the previous session when the sector was hammered following the collapse of Silicon Valley Bank.  ( 46 min )

Bed Bath & Beyond Inc. has amended its equity offering deal that was announced last month. On Tuesday the home goods retailer announced that it is...  ( 20 min )

Analysts say a headset launch in the summer would be a prime candidate to “move the needle” on Apple stock.  ( 24 min )

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Regional bank stocks rallied premarket after a sharp selloff in recent days.  ( 29 min )

Shareholders are scheduled to vote on measures that could drastically change the movie theater's ability to raise cash selling stock.  ( 24 min )

Boeing scores a key deal with Saudi Arabia.  ( 47 min )

Boeing scores a key deal with Saudi Arabia.  ( 47 min )

'Initial criticality' has been reached.  ( 48 min )

The bank’s management concluded that internal controls were ineffective, but said financial results for 2022 and previous years were unaffected by the finding.  ( 26 min )

The report had been delayed after the Securities and Exchange Commission raised questions about the bank's cash flow statements in 2019 and 2020. Shares are languishing near a record low.  ( 23 min )

The DevOps software maker missed guidance even as it prepares to increase the price of its premium offering.  ( 23 min )

The ratings agency has put six lenders on downgrade watch following the biggest bank failures since the 2008-09 financial crisis.  ( 24 min )

U.S. stock futures edged higher Tuesday morning ahead of critical inflation data, with regional bank stocks rallying, clawing back some of its losses in the wake of the SVB fallout.  ( 48 min )

Honeywell International Inc. has appointed 34-year company veteran Vimal Kapur to succeed Darius Adamczyk as CEO. Kapur will assume the company’s reins on...  ( 20 min )

Two Saudi Arabian airlines are on the verge of buying 80 Dreamliner jets from Boeing, according to The Wall Street Journal.  ( 24 min )

(Bloomberg) -- Lael Brainard, as a US Federal Reserve governor, repeatedly warned that efforts to deregulate banks were a recipe for disaster.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapGlobal Banking Stocks Hold Steady After $465 Billion SVB WipeoutUS Backstops Bank Deposits to Avert Crisis After SVB FailureHer counsel went unheed  ( 50 min )

Inflation showed signs of cooling in February after prices picked up to start the year, according to the latest data released Tuesday morning.  ( 46 min )

Former Treasury Secretary Larry Summers took to Twitter to opine on the collapse of SVB Financial. It didn't go well.  ( 20 min )

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High inflation and rising interest rates have had a positive impact on high-yield savings accounts.  ( 24 min )

First Republic trades higher after closing down nearly 62% on Monday, United Airlines issues a first-quarter profit warning, and a revenue forecast from software company GitLab misses analysts' expectations.  ( 24 min )

Citadel founder Ken Griffin told the Financial Times on Tuesday that the U.S. government’s rescue deal for Silicon Valley Bank from over the weekend is...  ( 20 min )

Banks are getting all the attention, but the SVB collapse shows that a host of asset classes are in the flood plain of the rising Fed rates.  ( 48 min )

This could be an opportunity for dividend investors.  ( 18 min )

The company said it would target two-thirds of the investment on the development of electric vehicles and new technology, with a particular focus on the expansion of its business in China and the U.S.  ( 25 min )

The week got off to a rocky start as the markets digested the collapse of Silicon Valley Bank last week, and the Federal regulators’ shutdown of Signature Bank over the weekend. Sparking fears of contagion, on Monday, stocks in the banking sector saw shares drop dramatically, as investors scrambled to figure out the new patterns of risk and reward. The effect was most pronounced among the mid-sized and regional banking firms. In that niche, sudden drops in share value prompted trading halts for  ( 48 min )

Credit Suisse has identified “material weaknesses” in its reporting and controls procedures for the last two years in the latest blow to the scandal-hit lender.  ( 47 min )

(Bloomberg) -- Credit Suisse Group AG said it found “material weaknesses” in its reporting and control procedures for the past two years, after questions from US regulators last week. Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutCredit Suisse Finds ‘Material Weakness’ in Reporting Since 2021US Backstops Bank Deposits to Avert Crisis After SVB FailureHow to Safely Store Deposits If You Have Mor  ( 49 min )

(Bloomberg) -- The US government’s emergency backstop of its financial system after Silicon Valley Bank’s collapse has earned praise from prominent names including Larry Summers and Bill Ackman.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutCredit Suisse Finds ‘Material Weakness’ in Reporting Since 2021US Backstops Bank Deposits to Avert Crisis After SVB FailureHow to Safely Store Deposits If Yo  ( 48 min )

The Swiss lender had been due to release the report last week, but delayed the publication following a request from the SEC on how the bank recorded its cash...  ( 20 min )

(Bloomberg) -- Moody’s Investors Service placed First Republic Bank and five other US lenders on review for downgrade, the latest sign of concern over the health of regional financial firms following the collapse of Silicon Valley Bank.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutUS Backstops Bank Deposits to Avert Crisis After SVB FailureHow to Safely Store Deposits If You Have More Than $250  ( 47 min )

(Bloomberg) -- Back in early March, Akira Takei had been positioned for Treasury yields to drop and the curve to steepen — a bet that looked like a long shot. Not anymore.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutUS Backstops Bank Deposits to Avert Crisis After SVB FailureGlobal Banking Stocks Hold Steady After $465 Billion SVB W  ( 47 min )

With inflation at 6.4%, many investors are looking for investments that can beat the rate of inflation. The Global X Super Dividend ETF (NYSEARCA:SDIV) not only helps investors beat inflation, but it more than doubles it with a massive dividend yield of 14.5%. SDIV also holds additional appeal to income-seeking investors because, unlike many other dividend stocks and ETFs, which pay dividends quarterly, this ETF pays a dividend each month. However, there are also some potential drawbacks that in  ( 49 min )

Bitcoin continued to gain in morning trading in Asia, as regulators acted to backstop the U.S. banking industry. Most of the top 10 cryptocurrencies gained.  ( 47 min )

In the wake of last week’s bank collapse – the fall of Silicon Valley Bank, and the related collapses of the crypto-centered Silvergate and Signature banks – there’s been a swirl of discussion around fractional reserves and liquidity coverage ratios (LCRs). And rightly so, because at bottom, these banks collapsed due to a lack of liquid assets. In sort, these banks did not have enough liquidity to cover severe funding outflows. The affected banks, especially SVB, were hit by a run – that is, dep  ( 48 min )

U.S. stocks opened the week with a mixed performance on March 13 as markets reacted to the government's moves to stabilize the banking sector.  ( 1 min )

Signature Bank, one of the biggest lenders to the crypto industry, was shut down by New York regulators Sunday in the third-largest bank failure in U.S. history, ranking behind only Silicon Valley Bank's shutdown on Friday and the collapse of Washington Mutual during the 2008 Financial Crisis.  ( 1 min )

First Republic Bank shares plunged 70% on Monday despite emergency measures from regulators aimed at halting SVB contagion.  ( 1 min )

U.S. bond yields fell by the most since the 2008 global financial crisis as worried investors sought safety after the failure of SVB and Signature  ( 1 min )

A rout in regional bank stocks has some money managers reassuring clients their money is safe.  ( 1 min )

Shares of Charles Schwab (SCHW) sank despite the discount brokerage's attempts to distance itself from the troubles in the banking sector.  ( 1 min )

Momentive Global Inc. the company that makes the survey platform SurveyMonkey, on Monday said it agreed to be acquired by a group led by Symphony Technology...  ( 20 min )

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Statements from the CFO, CEO, and Charles Schwab himself appear to be reversing Monday’s sharp selloff in the stock.  ( 23 min )

These are the stocks making moves after the bell.  ( 46 min )

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Tech stocks have had a rough time, but a few new developments could very well bring the entire industry back into the spotlight  ( 50 min )

“Consumers need to separate falling stock prices and volatile trading from their actual deposits in the bank,” explained Mark Neuman, financial advisor and CIO of Constrained Capital.  ( 48 min )

(Bloomberg) -- The shift in short-term interest rate markets Monday was unlike almost anything seen for more than four decades, including even the 2008 financial crisis and the aftermath of the Sept. 11 terror attacks. Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapUS Backstops Bank Deposits to Avert Crisis After SVB FailureBillionaire Charles Schwab’s Fortune Is Slammed by SVB FalloutSignature Seized by Regulators as Pain Spreads From SVB’s FallFDIC Aucti  ( 49 min )

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Government regulators took the extraordinary step of making whole uninsured depositors at two failed banks, but savers shouldn't count on similar treatment in the future.  ( 24 min )

The bank was sitting on an unreallized loss of nearly $109 billion in a large bond portfolio at the end of 2022  ( 23 min )

Amazon told Barron's it is committed to Rivian and still plans to purchase 100,000 Rivian vans by 2030.  ( 24 min )

GitLab Inc. shares plummeted in the extended session Monday after the DevOps software company’s revenue forecast fell short of the Wall Street consensus.  ( 20 min )

Mizuho analyst James Lee reiterated Buy on Meta Platforms Inc (NASDAQ: META) with a $210 price target. Several major news outlets indicated that Meta could initiate another round of layoffs at a similar scale to the last round at 13% of employees. Reportedly, the focus of the restructuring is wearable-device units within the Metaverse division. At the same time, the company is reportedly shutting down its New Product Experiment Group, created in 2019. Meta would fold any new development efforts  ( 47 min )

Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 19 min )

In the wake of the failure of Silicon Valley Bank, investors will be closely monitoring February's upcoming inflation print as Wall Street debates the Federal Reserve's plans to raise interest rates later this month.  ( 48 min )

Western Alliance Bancorp said Monday it has taken extra steps to ensure liquidity following last week’s failure of SVB Financial’s Silicon Valley Bank....  ( 20 min )

State Street’s KRE, iShares' IAT plummeted amid bank closures, government scrambling.  ( 47 min )

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Evercore ISI analyst Vijay Kumar initiated coverage of the company with an Outperform rating and a target of $90 for the price.  ( 24 min )

When billionaires jump on the same trend, it’s important for investors to take notice. The pieces often don’t come together immediately, but these investors have millions of dollars in resources dedicated to getting the most up-to-date information as quickly as possible. They might see trends months in advance that others might not notice until it’s too late. Hedge fund manager George Soros is a polarizing figure, but you’d be foolish not to take notice of some of his investing trends. The Soros  ( 47 min )

Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.  ( 47 min )

Leaving these accounts open could tarnish your golden years.  ( 49 min )

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The economist also said that the Fed will likely now “retreat” on interest rate hikes.  ( 47 min )

SCHW sinks nearly 11% on Monday alone, but several experts agree: It's no Silicon Valley Bank.  ( 15 min )

SVB CEO Greg Becker himself was one of many voices advocating for Dodd-Frank to be loosened. Oops.  ( 48 min )

Several PacWest Bancorp insiders bought the bank's stock late last week, as the bank tried to reassure investors in the wake of SVB's failure.  ( 20 min )

Itaú BBA analyst Thiago Alves Kapulskis recommends Apple and Microsoft 'to deleverage and reduce risks.'  ( 24 min )

Let the wagers begin.  ( 47 min )

The financial institution was closed by regulators on Sunday. A run on deposits catalyzed by nervousness over ties to the crypto industry is the likely cause.  ( 23 min )

(Bloomberg) -- Federal Reserve Chair Jerome Powell’s strategy to speed up the central bank’s inflation-fighting efforts is unraveling in the wake of Silicon Valley Bank’s collapse.Most Read from BloombergBonds Soar, Tech Up as Bets on Fed Pause Weighed: Markets WrapFed’s New Backstop Shields Banks From $300 Billion of LossesFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallUS Discusses Fund to Backstop Deposits If More Banks  ( 49 min )

The unexpected closure of Signature Bank over the weekend sparked a shoot-first-ask-questions-later mentality by investors as deposits flowed to biggest banks.  ( 21 min )

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(Bloomberg) -- The turmoil in regional banks sent First Horizon Corp. down as much as 33%, as analysts cast doubt on whether Toronto-Dominion Bank will follow through with its planned $13.4 billion takeover of the lender. Most Read from BloombergTreasuries Surge, Stocks Up on Bets for Fed Pause: Markets WrapFed’s New Backstop Shields Banks From $300 Billion of LossesFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallUS Discuss  ( 47 min )

Regional bank stocks staged their deepest retreat in three years, reflecting deepening investor concern about the health of the industry.  ( 27 min )

Rivian Automotive's stock fell by over 3% Monday after news that the EV maker and Amazon are discussing the exclusivity part of their deal for electric vans.  ( 21 min )

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ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported a fourth-quarter FY22 sales decline of 37% year-on-year to $2.19 billion, beating the consensus of $2.11 billion. The company attributed the revenue decline primarily to a decrease in freight rates. Carried volume in Q4 was 823 thousand TEUs, a year-over-year decrease of 4%. EPS of $3.44 beat the consensus of $3.05. Adjusted EBIT margin was 27% compared to 61% a year ago, and Adjusted EBIT declined 72.3% Y/Y to $585 million for the quarte  ( 45 min )

Shares of East West Bancorp Inc. plummeted 23.2% in morning trading Monday, toward their second-biggest one-day selloff, in the wake of recent bank failures,...  ( 20 min )

Charles Schwab's stock fell as much as 23% on Monday, its biggest daily decline on record despite assurances the financial services company has enough liquidity.  ( 46 min )

Wall Street is weighing in on the Federal Reserve's next move after the collapse of California's Silicon Valley Bank, the second-largest bank failure in U.S. history.  ( 47 min )

Carl Icahn plans to nominate three people to Illumina's board, according to The Wall Street Journal.  ( 24 min )

Billionaire activist Carl Icahn is preparing a proxy fight at Illumina Inc (NASDAQ: ILMN), saying the company went ahead with the controversial acquisition of Grail Inc despite opposition from regulators, costing shareholders $50 billion. According to the letter viewed by Wall Street Journal, the activist plans to nominate three people to the company's board. Mr. Icahn accuses Illumina of overpaying for a business that made "exactly zero dollars in revenue," then closing the deal despite regulat  ( 46 min )

Shares of the broker, which is actually a savings and loan holding company, were down 19% Monday morning, following a 24% drop the previous week.  ( 21 min )

An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.  ( 48 min )

The stocks of 12 components, all banks, of the S&P 500 are down more than 10%, and five stocks are down more than 20%. The biggest decliners are shares of...  ( 23 min )

Maximizing your retirement savings is essential to a secure retirement, and a part of that is minimizing taxes on 401(k) withdrawals.  ( 20 min )

“JPMorgan epitomizes our theme of ‘Goliath is Winning’…in these less certain times,” Wells Fargo's Mike Mayo wrote as he upgraded the stock to Buy.  ( 23 min )

(Bloomberg) -- Charles Schwab Corp. rebounded from a record intraday decline after the online brokerage sought to reassure investors that it has sufficient liquidity to handle any volatility following the collapse of Silicon Valley Bank.Most Read from BloombergTreasuries Surge, Stocks Up on Bets for Fed Pause: Markets WrapFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of L  ( 47 min )

To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group’s Silicon Valley Bank and Signature Bank...  ( 23 min )

I sold half of my bank positions last week before news of the SVB collapse. This is my plan for them now.  ( 15 min )

Elon's juiciest Silicon Valley opportunity yet?  ( 48 min )

(Bloomberg) -- It was a seemingly unthinkable scene: Barney Frank, co-author of the Dodd-Frank Act, the radical overhaul of the banking system after the 2008 global financial crisis, was having his very own Dick Fuld moment.Most Read from BloombergStocks Steady as Traders Gauge End to Rate Hikes: Markets WrapFDIC Auction for Failed SVB Underway, Final Bids Due SundayFed’s New Backstop Shields Banks From $300 Billion of LossesSignature Seized by Regulators as Pain Spreads From SVB’s FallUS Discus  ( 47 min )

The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for...  ( 23 min )

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First Republic Bank stock down 73% amid fears of regional bank contagion  ( 47 min )

First Republic Bank stock down 73% amid fears of regional bank contagion  ( 47 min )

First Republic Bank stock down 65% amid fears of regional bank contagion  ( 47 min )

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Charles Schwab Corp. moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its held-to-maturity securities over...  ( 23 min )

Charles Schwab Corp. was lifted to buy from neutral on Monday by Citigroup analysts, who see a a “compelling entry point” from a 23% drop over two days....  ( 23 min )

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The largest chip-equipment maker in the world announces a 23.1% raise in its quarterly cash dividend.  ( 24 min )

Shares of Western Alliance Bancorp took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the...  ( 23 min )

Shares of Illumina Inc. were up about 8% in premarket trading on Monday after the Wall Street Journal reported Sunday that Carl Icahn is planning a proxy...  ( 22 min )

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(Bloomberg) -- When any entity in the global economy goes under, it’s traditional to blame policy tightening — and it’s no different following the collapse of Silicon Valley Bank.Most Read from BloombergTreasuries Surge, Stocks Up on Bets for Fed Pause: Markets WrapFed’s New Backstop Shields Banks From $300 Billion of LossesFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallUS Discusses Fund to Backstop Deposits If More Banks  ( 47 min )

Morgan Stanley analyst Dillon Cumming initiated coverage of the battery and fuel-cell truck maker'sstock with a Hold rating and a $3 price target.  ( 24 min )

The New York drugmaker would pay $229 a share in cash for the biotech company and its pioneering cancer treatments.  ( 27 min )

(Bloomberg) -- Morgan Stanley’s Michael Wilson, known for being one of Wall Street’s most bearish strategists, recommended that investors sell any rebound in US stocks that may result from regulators’ support measures after the collapse of Silicon Valley Bank.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayFed’s New Backstop Shields Banks From $300 Billion of LossesTreasuries Surge as Traders Recalibrate Rate Bets: Markets WrapSignature Seized by Regulators as  ( 47 min )

The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is at the low end of a range it previously provided.  ( 29 min )

On a Monday following high-profile bank failures on Friday and Sunday, it may seem to be a strange time to recommend buying stocks of banks.  ( 26 min )

U.S. stock futures rose Monday morning ahead of the opening bell after federal banking regulators took aggressive actions over the failure of Silicon Valley Bank.  ( 48 min )

On Monday, Wolfe Research analyst Rod Lache downgraded shares of Tesla to Hold from Buy. It's the second downgrade in the past few days.  ( 24 min )

(Bloomberg) -- The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader contagion in the banking industry.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailFed’s New Backstop Shields Banks From $300 Billion of LossesTreasuries Surge as Traders Recalibrate Rate Bets: Markets WrapSignature Sei  ( 46 min )

Lender to wealthy Silicon Valley customers First Republic sees its stock take a dive as regional banks remain in focus after the demise of SVB and Silvergate.  ( 24 min )

Pfizer will spend $43 billion to buy Seagen and deepen its reach into treating cancer. The pharmaceutical giant said Monday that it will pay $229 in cash for each Seagen share. Bothell, Washington-based Seagen Inc. is a biotech drug developer that specializes in antibody-drug conjugate, or ADC, technology.  ( 48 min )

Pfizer Inc. plans to acquire cancer biotechnology company Seagen Inc. in a deal with a $43 billion enterprise value, the companies announced Monday morning....  ( 23 min )

You won’t even owe him a penny for his thoughts.  ( 49 min )

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Hercules Capital Inc. looked to reassure investors on Monday by saying it was working with bondholders, stakeholders and stockholders to “navigate...  ( 23 min )

5 simple steps to learning to live within your means.  ( 25 min )

The days of $100 oil may not be over.  ( 48 min )

Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 25 min )

First Republic shares are sinking Monday even as it received funding from JPMorgan Chase and the Federal Reserve, Provention Bio soars after agreeing to be acquired by France's Sanofi in a $2.9 billion deal, and Carl Icahn is a preparing a proxy fight at Illumina, a report says.  ( 24 min )

The biopharmaceutical company agrees to be acquired by France's Sanofi for $25 a share, or about $2.9 billion.  ( 24 min )

(Bloomberg) -- Oil fell as the fallout from the collapse of Silicon Valley Bank — the worst since the 2008 financial crisis — rippled across markets.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of LossesBonds Surge, US Futures Erase Gains on SVB Fallout: Market WrapUS authorities are rushing  ( 48 min )

Get up to speed on the second largest bank failure in the U.S.  ( 50 min )

(Bloomberg) -- Eight years ago, Greg Becker delivered a blunt message to lawmakers in Washington: the bank he ran was not like Wall Street.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of LossesBonds Surge, US Futures Erase Gains on SVB Fallout: Market WrapAs chief executive officer of SVB Fi  ( 51 min )

First Republic Bank shares fell 60% after the weekend collapse of Signature Bank and Friday’s closure of SVB Financial, even as federal regulators stepped...  ( 22 min )

(Bloomberg) -- Chinese stocks rallied on Monday, outperforming the broader Asian market as traders bet on policy continuity after news that China’s economic leadership team would retain several familiar faces.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of LossesBonds Surge, US Futures Erase  ( 49 min )

(Bloomberg) -- The overnight action by American regulators to steady the financial system was set to boost US stocks on Monday, but some pockets of the market signaled that fallout from the incident is far from over.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallFed’s New Backstop Shields Banks From $300 Billion of LossesUS Plans Emergency Mea  ( 48 min )

Credit Suisse shares on Monday reached a new record low, falling as much as 9% as investors continued to hammer away at the stock of the Swiss banking giant...  ( 23 min )

European stocks declined in early action on Monday, while U.S. stock futures were pointing higher after a turbulent weekend which saw another major bank...  ( 22 min )

The collapse of Silicon Valley Bank on Friday leaves Americans with lots of questions. Weren't bank regulations designed to prevent an event like this? Where were the regulators?  ( 49 min )

French pharmaceutical group Sanofi said Monday that it will buy Provention Bio, Inc., a U.S.-based biopharmaceutical company focused on autoimmune diseases,...  ( 22 min )

(Bloomberg) -- The failure of Silicon Valley Bank and the government rescue of its depositors are ripping through market bets on everything from the economy to the US interest-rate outlook. Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallUS Plans Emergency Measures to Backstop Banks After SVBUS Backstops Bank Deposits to Avert Crisis After SVB  ( 49 min )

(Bloomberg) -- Some Asian technology firms have disclosed cash deposits at troubled US lender Silicon Valley Bank, known for its deep ties with the sector, with most emphasizing the amounts were immaterial to their operations.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Seized by Regulators as Pain Spreads From SVB’s FallUS Backstops Bank Deposits to Avert Crisis After SVB CollapseUS Plans Em  ( 48 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

SVB's collapse has triggered a historic reframing of depression-era deposit insurance.  ( 47 min )

Bitcoin and Ether led a rebound in cryptocurrencies in Asia morning trading as U.S. regulators backstopped banks with ties to the crypto industry.  ( 47 min )

(Bloomberg) -- As US government officials pledged to fully protect all depositors of the failed Silicon Valley Bank, they had a specific message for investors in the bonds and shares of the bank’s holding company.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Banks After SVBUS Backstops Bank Deposits to  ( 48 min )

(Bloomberg) -- Less than a week after Federal Reserve Chair Jerome Powell opened the door to a re-acceleration in the pace of interest-rate hikes, traders slammed it shut again amid the sudden eruption of financial strains at the US regional bank level.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Bank  ( 49 min )

(Bloomberg) -- In the hours leading up to Silicon Valley Bank’s collapse, a slew of startups tried to withdraw their cash. Those that couldn’t turned to a last-ditch option: parking it in third-party money-market funds offered through the lender.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Banks After  ( 48 min )

(Bloomberg) -- US 10-year Treasury yields may snap back up to 4% as government efforts to quash contagion risks from the collapse of Silicon Valley Bank damp demand for haven assets. Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSignature Closed by Regulators as Pain From SVB Seizure SpreadsUS Plans Emergency Measures to Backstop Banks After SVBUS Backstops Bank Deposits to Avert Crisis After SVB Collap  ( 46 min )

With a resoluteness befitting a response to the threat of an all-out banking crisis, US banking regulators issued a joint statement on the evening of March 12, declaring that all depositors in the failed Silicon Valley Bank (SVB) will have full access to their funds starting March 13.  ( 48 min )

(Bloomberg) -- US stock futures rallied more than 1% and the dollar slid versus major peers Monday as traders digested the steps taken by regulators to shore up the American financial sector in the wake of Silicon Valley Bank’s failure.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBUS Says All  ( 48 min )

First Republic Bank said Sunday it had bolstered its financial position through "additional liquidity" from the Federal Reserve and JPMorgan Chase & Co.  ( 22 min )

Last week ended with the worst day for bank stocks since the financial crisis of 2008. The collapse of Silicon Valley Bank, the country’s 16th largest banking firm and the lender of first resort for the start-ups of California’s tech world, has sparked fears of a larger bank run, or even a repeat of the systemic financial troubles. That’s the worst-case worries – but according to Goldman Sachs’ chief credit strategist, Lotfi Karoui, these fears may be overblown. “We think the risk of contagion f  ( 49 min )

Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world. Japan's benchmark Nikkei 225 slipped 1.8% to 27,643.59 in morning trading. Before trading began in Asia, the U.S. Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients will be protected and have access to their funds and announced steps designed to protect the bank’s customers and prevent more bank runs.  ( 48 min )

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The fresh funding gives the bank, which was under pressure following the collapse of Silicon Valley Bank last week, $70 billion in unused liquidity.  ( 25 min )

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(Bloomberg) -- The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut off from the banking system.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBFDIC Races to Return Som  ( 48 min )

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Maxing out a 401(k) is not ideal for everyone. If you have limited investment choices or a tight cash flow, you may not want to max out a 401(k). Here’s what to do.  ( 16 min )

Contribution limits for IRAs, 401(k)s, and other plans can change from year to year due to cost-of-living adjustments. Here are the changes for 2022.  ( 17 min )

The top rate increased in three of the most popular CD terms this week, while holding steady in the other terms.  ( 13 min )

Reservable deposits, like transaction accounts, savings accounts, and non-personal time deposits, are subject to Federal Reserve reserve requirements.  ( 16 min )

Shares of Charles Schwab (SCHW) sank despite the discount brokerage's attempts to distance itself from the troubles in the banking sector.  ( 10 min )

Charles Schwab and Vanguard are both huge financial firms that have a fundamentally different approach to online investing.  ( 17 min )

U.S. stocks opened the week with a mixed performance on March 13 as markets reacted to the government's moves to stabilize the banking sector.  ( 12 min )

The Federal Deposit Insurance Corp. is an independent government agency that protects you against loss of deposit, up to a certain amount, if your bank goes under.  ( 16 min )

There can be significant tax advantages to taking withdrawals from one retirement account over another.  ( 18 min )

Specialty CDs offer features such as the ability to add to the principal or avoid early withdrawal fees. Some options offer more flexibility, but may have lower rates than standard CDs.  ( 16 min )

Tier 1 capital is used to describe the capital adequacy of a bank and refers to its core capital, including equity capital and disclosed reserves.  ( 17 min )

A qualified distribution is a withdrawal that is made from an eligible retirement account and accords with IRS rules for such withdrawals.  ( 17 min )

You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 17 min )

Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 19 min )

Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 15 min )

Securitization involves taking a group of income-producing assets and turning them into one investable security.  ( 20 min )

A rout in regional bank stocks has some money managers reassuring clients their money is safe.  ( 11 min )

Officials at the Federal Reserve seemed intent on raising interest rates—the recent chaos in the banking system has called that into question.  ( 14 min )

Reserve requirements refer to the amount of cash that banks must hold in reserve against deposits made by their customers.  ( 17 min )

Christopher Whalen, Chairman of Whalen Global Advisors and author of the Institutional Risk Analyst newsletter, joins the show to explain how SVB's mismanagement and the Fed's lack of awareness on the impact of rising interest rates brought down the 40-year financial institution. We also look into the overall health of the nation's banks amid these rising rates, and the prognosis isn't great. Also, commodity prices have come off their highs and could finally lead headline inflation lower.  ( 12 min )

U.S. bond yields fell by the most since the 2008 global financial crisis as worried investors sought safety after the failure of SVB and Signature  ( 14 min )

This week’s cryptocurrencies to keep an eye on are Kava (KAVA), UNUS SED LEO (LEO), Aptos (APT), BNB (BNB), and Pax Gold (PAXG).  ( 13 min )

Investments are expected to produce income or profit. They can be broken down into three basic groups: ownership, lending, and cash equivalents.  ( 19 min )

Deal will depend on U.S. antitrust review  ( 11 min )

First Republic Bank shares plunged 70% on Monday despite emergency measures from regulators aimed at halting SVB contagion.  ( 11 min )

Signature Bank, one of the biggest lenders to the crypto industry, was shut down by New York regulators Sunday in the third-largest bank failure in U.S. history, ranking behind only Silicon Valley Bank's shutdown on Friday and the collapse of Washington Mutual during the 2008 Financial Crisis.  ( 11 min )

Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 14 min )

An overdraft occurs when there isn't enough money in an account for a transaction or withdrawal, but the bank covers the transaction anyway.  ( 17 min )

Bing's user growth surged growth after Microsoft invested in OpenAI, though it remains far behind Google search.  ( 11 min )

An NSF fee or non-sufficient funds fee is incurred when a bank account does not have enough money to cover a payment.  ( 19 min )

An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 18 min )

Maximizing your retirement savings is essential to a secure retirement, and a part of that is minimizing taxes on 401(k) withdrawals.  ( 19 min )

Your student loans are assigned to a servicer. Here's what you should know about working with your loan servicer's customer service department.  ( 17 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 19 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 22 min )

News of the day for March 13, 2023  ( 11 min )

A portion of Social Security benefits are subject to taxation, and they can affect your tax bracket as part of ordinary income.  ( 17 min )

When a consumer does not pay a bill on time, they may be subject to a late fee. How late fees work and how to avoid them.  ( 17 min )

Teach your children how to save to meet their spending and saving goals.  ( 17 min )

Federal regulators announced emergency measures to halt contagion from the collapse of Silicon Valley Bank; customers to have access to their money without taxpayer help.  ( 14 min )

You can use a certificate of deposit (CD) to save for short-term goals or to invest risk-free for the long term. Here are the pros and cons.  ( 16 min )

A distress price is when a company chooses to mark down the price of an item or service instead of discontinuing the product in question altogether.  ( 13 min )

Teacher liability insurance should be affordable, comprehensive, and easy to access. Find out the coverages you need and who some of the best providers are.  ( 16 min )

In finance, the term “anticipated interest” refers to the total interest payments expected to be earned over the life of an investment.  ( 13 min )

Rivieren en andere 'watersystemen' moeten centraal komen te staan in keuzes over grote landschappelijke investeringen. Dat schrijft het Planbureau voor de Leefomgeving (PBL) dinsdag in een nieuw rapport. Die aanbeveling is niet specifiek bedoeld voor Nederland, maar voor álle rivierdelta's en kustgebieden ter wereld. Die staan steeds meer onder druk door klimaatverandering en menselijk watergebruik.  ( 5 min )

De Federal Reserve gaat een intern onderzoek doen naar haar toezicht op de Silicon Valley Bank (SVB) voordat deze omviel. Die gebeurtenissen vragen volgens Fed-voorzitter Jerome Powell namelijk om een "grondige, transparante en snelle herziening".  ( 3 min )

Telecombedrijven durven niet de volledige inflatierekening bij klanten te leggen, uit angst dat ze weglopen. Ziggo kondigde vorige week een prijsverhoging van 8,5 procent aan. Dat is een flinke stijging, maar nog altijd minder dan de inflatie van 10 procent. KPN deed eind vorig jaar iets soortgelijks.  ( 3 min )

De 340.000 werknemers voor wie afgelopen maand een nieuwe cao is afgesloten, krijgen er gemiddeld 7 procent salaris bij. Dat is voor deze eeuw een nieuw record, meldt werkgeversorganisatie AWVN.  ( 3 min )

De Silicon Valley Bank (SVB) is door de autoriteiten in de Amerikaanse staat Californië gesloten. Het faillissement zorgt voor veel onrust op de financiële markten. "Het risico is dat er een domino-effect ontstaat", zegt Koen Bender van Mercurius Vermogensbeheer.  ( 6 min )

De in Londen gevestigde bank HSBC neemt het Britse deel van de omgevallen Silicon Valley Bank (SVB) over. Dat meldt de Britse regering, die hoopt dat hiermee de schade van het faillissement van de Amerikaanse bank beperkt blijft.  ( 5 min )

Basic-Fit vaart wel bij een nieuw type lidmaatschap dat de keten van fitnesscentra sporters aanbiedt. Om de stijgende kosten het hoofd te bieden, heeft het Nederlandse bedrijf het zogenoemde Comfort-lidmaatschap voor 24,99 euro geïntroduceerd.  ( 3 min )

277 bedrijven gingen vorige maand op de fles. Dat is het grootste aantal faillissementen sinds medio 2020, blijkt uit cijfers van statistiekbureau CBS. Met name in de horeca gingen relatief veel bedrijven kopje-onder.  ( 3 min )

Tot 2030 moeten er in ons land 900.000 woningen bij komen en provincies hebben daar een centrale rol in. Dit is dus een belangrijk thema bij de Provinciale Statenverkiezingen. Maar de regionale overheden zijn ook verantwoordelijk voor stikstofreductie en dat zit de woningbouw behoorlijk in de weg.  ( 6 min )

Het Nederlandse Pharming heeft 45 miljoen dollar (ruim 42 miljoen euro) op een rekening bij de failliet verklaarde Silicon Valley Bank (SVB) staan. Dat is ongeveer een kwart van al het geld dat het Leidse biotechbedrijf in kas heeft.  ( 3 min )

De helft van het personeel in de ziekenhuizen vindt de werkdruk te hoog, blijkt uit een een meting van statistiekbureau CBS in 2022. Dat aandeel is zelfs hoger dan in de twee voorgaande coronajaren. Het is een van de redenen dat donderdag in 64 ziekenhuizen gestaakt wordt. Alleen spoedzorg wordt nog verleend.  ( 5 min )

Tot 2030 moeten er in ons land 900.000 woningen bij komen en provincies hebben daar een centrale rol in. Dit is dus een belangrijk thema bij de Provinciale Statenverkiezingen. Maar de regionale overheden zijn ook verantwoordelijk voor stikstofreductie en dat zit de woningbouw behoorlijk in de weg.  ( 6 min )

(Bloomberg) -- US authorities raced on Sunday to stem jitters about the health of the nation’s financial system, pledging to fully protect all depositors’ money following the collapse of Silicon Valley Bank while also giving any banks squeezed for cash easier terms on short-term loans.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergenc  ( 49 min )

(Bloomberg) -- Signature Bank was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of SVB Financial Group’s Silicon Valley Bank spreads to other lenders.Most Read from BloombergFDIC Auction for Failed SVB Underway, Final Bids Due SundayUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeUS Plans Emergency Measures to Backstop Banks After SVBFDIC Races to Return Some Uninsured SVB Deposi  ( 48 min )

Signature Bank becomes the second regional bank to failure in two days as regulators seek to restore calm to the banking world before markets open.  ( 48 min )

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Full text of U.S. financial regulators' statement on Silicon Valley Bank and Signature Bank.  ( 24 min )

Silicon Valley Bank depositors will be made whole and have access to their money starting Monday morning, according to a statement from the Treasury, Fed, and FDIC on Sunday.  ( 47 min )

State authorities closed Signature Bank Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since the 2008...  ( 22 min )

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Shares of San Francisco-based First Republic swooned last week amid the collapse of Silicon Valley Bank as investors worried about a contagion.  ( 24 min )

Did the Federal Reserve's rapid interest-rate hikes cause the collapse of Silicon Valley Bank? The debate rages on Twitter.  ( 23 min )

(Bloomberg) -- The Federal Reserve and the Treasury Department are preparing emergency measures to shore up banks and ensure they can meet potential demands by their customers to withdraw money, as the US seeks to stave off a deeper crisis after SVB Financial Group’s failure.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailFDIC Auction for Failed SVB Underway, Final Bids Due SundaySVB Fallout Spreads Around World From London to SingaporeFDIC Races to Return Some U  ( 48 min )

The drastic move would require the bank's failure to be attributed to "systemic risk."  ( 47 min )

How regulators respond to the 2nd largest bank collapse in U.S. history holds key to market reaction after investors opted to 'sell first, ask questions later.'  ( 26 min )

(Bloomberg) -- The Federal Reserve is considering easing the terms of banks’ access to its discount window, giving firms a way to turn assets that have lost value into cash without the kind of losses that toppled SVB Financial Group.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailFDIC Auction for Failed SVB Underway, Final Bids Due SundaySVB Fallout Spreads Around World From London to SingaporeFDIC Races to Return Some Uninsured SVB Deposits MondayStartup Bank Ha  ( 48 min )

Find out how to set an investment goal, and see how a Roth IRA can help you reach it.  ( 22 min )

“There’s no doubt in my mind," said Isaac. "Seems to me to be a lot like the 1980s.”  ( 47 min )

The U.S. Federal Deposit Insurance Corporation is reportedly holding an auction for the assets of failed Silicon Valley Bank of California this weekend,...  ( 26 min )

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Treasury Secretary Janet Yellen took a bailout of SBV off the table, but clarified that regulators are working to make sure the bank’s depositors don’t suffer.  ( 24 min )

(Bloomberg) -- Global asset manager and tech lender Liquidity Group is planning to offer about $3 billion in emergency loans to start-up clients hit by the collapse of Silicon Valley Bank. Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeFDIC Auction for Failed SVB Underway, Final Bids Due SundayStartup Bank Had a Startup Bank RunFDIC Races to Return Some Uninsured SVB Deposits MondayLiquidity has about $1.2  ( 46 min )

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Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Prominent Silicon Valley personalities and executives have been hitting the giant red “panic" button, saying that if Washington does not come to the rescue of Silicon Valley bank’s depositors, more bank runs are likely this week.  ( 51 min )

Treasury Secretary Janet Yellen on Sunday on “Face the Nation,” says the government is working on ways to stem the damage of SVB's stunning collapse.  ( 25 min )

Traders are preparing for Tuesday's consumer-price index for February to show no meaningful letup in U.S. inflation.  ( 26 min )

In the wake of Russia’s war on Ukraine, oil prices jumped to a 14-year record. While they have pulled back from that peak, they still remain at decadal high levels. The obvious winners in this scenario are the world’s major oil producers, in the US and abroad, which are able to maintain profits on lower production – but they aren’t the only beneficiaries. Companies in the oil transport network have also come out ahead over the past year. Shipping firms – companies operating the great tankers tha  ( 50 min )

Let's analyze the two supermajors on the basis of asset quality, future growth prospects, valuation and dividend safety/attractiveness.  ( 21 min )

Saudi Arabia's Public Investment Fund was close to naming Boeing as the initial supplier for a new national Saudi airline, The Wall Street Journal reported.  ( 24 min )

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Their next steps could have ripple effects through the financial system.  ( 26 min )

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These recently downgraded names are displaying both quantitative and technical deterioration.  ( 12 min )

Families are burdened with never-ending notices and refund delays.  ( 47 min )

When package-deliverer FedEx Corp. reports its third-quarter earnings on Thursday, the results won't just be about the state shipping.  ( 26 min )

High inflation, rising interest rates, and economic anxiety are making certificates of deposit cool again.  ( 25 min )

(Bloomberg) -- Traders are steeling themselves for the risk of more turbulence after the biggest US bank collapse since the 2008 financial crisis sent shockwaves through markets. Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicFDIC Races to Return Some Uninsured SVB Deposits MondayThe unravelling of SVB Fina  ( 49 min )

The failure of Silicon Valley Bank and how investors react in the week ahead will be the market's top focus, though key economic data on inflation and retail sales ought not to be overlooked.  ( 49 min )

Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance Corporation insures deposits up to $250,000, but many of the companies and wealthy people who used the bank — known for its relationships with technology startups and venture capital — had more than that amount in their account. Yellen, in an interview with CBS' “Face the Nation,” provided few details on the government's next steps.  ( 47 min )

Protect your nest egg from cracking under pressure.  ( 49 min )

(Bloomberg) -- The Federal Reserve is flying blind as it tries to bring down inflation without breaking the financial system or crashing the US into a recession.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunFDIC Races to Return Some Uninsured SVB Deposits MondaySVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicAhead of a crucial meeting later this month,  ( 50 min )

How can a bank run happen in 2023? Why didn’t anyone step in to save SVB? And who is at risk now?  ( 51 min )

The U.K. Treasury says that it wants to minimize damage to promising companies.  ( 24 min )

The failure of Silicon Valley Bank demonstrates the risk in showering unproven companies with cash and in handing so much power to venture capitalists to manage the process.  ( 49 min )

(Bloomberg) -- The pipeline of company debt from emerging markets is running dry as major central banks continue to raise borrowing costs and investors grow increasingly wary after a series of high-profile corporate blowups.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicFDIC Races to Return Some Uninsured S  ( 50 min )

Folks are flocking to the Sunshine State. Are you savvy enough to get some exposure?  ( 48 min )

Transocean stock has surged 46% so far this year after last year’s 65% gain. Chairman Chad Deaton just scooped up more shares of the offshore-drilling company.  ( 24 min )

I bought a small number of July puts on Bank of America, after the fall of Silicon Valley Bank. Here's why and why I don't necessarily hope it works.  ( 14 min )

It’s no easy task making sense of the stock market these days. The year began in an optimistic mood, but following a downtrend that began in February, the S&P 500 is almost back to the level it was at when 2023 kicked into action. And these confusing and uncertain times have been reflected in the IPO market. IPOs depend strongly on the predictability of available capital; whether it runs cheap or expensive, both companies and investors want to have certainty. And what we’re seeing now is an exte  ( 49 min )

What's in your tank?  ( 49 min )

Government-bond yields at their highest levels in more than a decade and a soggy stock market have led to a steady decline in the number of stocks that offer comparatively high yields.  ( 24 min )

Shares of regional banks tumbled amid concerns that Silicon Valley Bank’s collapse is only the beginning.  ( 28 min )

Wind power is growing in the U.S. and accounting for a a larger share of global electricity generating capacity.  ( 24 min )

(Bloomberg) -- Reports this week expected to show still-hot US inflation and a backslide in retail sales round out the last of key economic data markers for Federal Reserve policymakers ahead of their upcoming meeting.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicFDIC Races to Return Some Uninsured SVB Dep  ( 52 min )

(Bloomberg) -- Asia’s tech leaders, half a world away from the chaos that’s engulfed Silicon Valley, are scrambling to assess the potential ramifications for an industry that’s always relied heavily on US capital and connections to supercharge growth.Most Read from BloombergUS Discusses Fund to Backstop Deposits If More Banks FailSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auct  ( 50 min )

With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 13 min )

With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 14 min )

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Billionaire investor Bill Ackman said that the U.S. government needs to take serious action to prevent the financial ruin of other banks amid the failure of Silicon Valley Bank.  ( 47 min )

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Here is what the second-largest bank failure in U.S. history looks like in graphics.  ( 30 min )

(Bloomberg) -- Of the companies listing assets caught up in the collapse of Silicon Valley Bank on Friday, Roku Inc. is among those reporting the heaviest exposure. Most Read from BloombergSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Collapses After Tech Startups FleeDozens of companies have reporte  ( 48 min )

(Bloomberg) -- The Federal Deposit Insurance Corp. and the Federal Reserve are weighing creating a fund that would allow the regulators to backstop more deposits at banks that run into trouble following Silicon Valley Bank’s collapse.Most Read from BloombergSVB Fallout Spreads Around World From London to SingaporeStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swift  ( 47 min )

(Bloomberg) -- US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, according to people with knowledge of the situation.Most Read from BloombergStartup Bank Had a Startup Bank RunFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around WorldSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Va  ( 49 min )

Prior to the Lehman Brothers collapse, Joseph Gentile was its CFO until 2007 when he left and became Silicon Valley Bank's Chief Administrative Officer.  ( 47 min )

Oil prices have effectively erased all their gains following the start of the Ukraine war, and for the last couple of months, crude has been trading in a relatively tight range  ( 48 min )

As its name suggests, a forex e-book is simply a type of electronic book that deals with foreign exchange trading.  ( 12 min )

The multiplier effect measures the impact that a change in investment will have on final economic output.  ( 21 min )

Here is a round-up of resources that help parents manage their money wisely and pass those skills on to their children.  ( 17 min )

Treasury Secretary Janet Yellen ruled out a government bailout for failed Silicon Valley Bank amid speculation of a special backstop vehicle, auction.  ( 12 min )

The current standard math curriculum is not designed to inspire the interest of students. Here are some suggestions on how to fix the problem.  ( 22 min )

Prepare your kids by introducing them to the basics of currency before they tackle the intricacies of cryptocurrencies.  ( 22 min )

Find out how to set an investment goal, and see how a Roth IRA can help you reach it.  ( 22 min )

Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 17 min )

In November 2022, Coinbase began migrating customer accounts from Coinbase Pro to Coinbase Advanced Trade. Find out what this means for new and existing users.  ( 12 min )

The reasons for a delay in getting your tax refund can range from incorrect information on your tax forms to a debt offset or even identity theft.  ( 18 min )

Mark Cuban, who plays a king in 2023's motion picture Royal Runaway, made billions with a series of business ventures, owning an NBA team, and investing in dozens of startups.  ( 12 min )

Food vendor insurance is essential if you have a business selling food products. Learn what it is, how much it costs, and which companies offer it.  ( 16 min )

What are the advantages and disadvantages of taking your defined-benefit plan pension as a lump sum and rolling it over into a Roth IRA?  ( 19 min )

With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 13 min )

With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 14 min )

What are the four biggest stock brokerage firms in the United States? Learn more about the country's big four brokerages and what each has to offer.  ( 19 min )

USDC stablecoin is latest to lose U.S. dollar peg after owner announced holdings at the failed Silicon Valley Bank.  ( 12 min )

Het Nederlandse biotechbedrijf Pharming heeft in totaal 45 miljoen dollar op de rekening bij de failliet verklaarde Silicon Valley Bank staan. Het bedrag is ongeveer een kwart van alle contanten die het Leidse bedrijf heeft. Pharming weet door de onzekere situatie niet hoeveel geld het van die 45 miljoen terug gaat zien en wanneer.  ( 4 min )

Olie- en gasconcern Saudi Aramco heeft afgelopen jaar een recordwinst van 161 miljard dollar (ruim 151 miljard euro) geboekt. Dat is bijna de helft meer dan de winst in 2021.  ( 3 min )

De Europese Commissie werkt aan nieuwe wetgeving tegen online kindermisbruik. Voorstanders zijn blij dat de aanpak straks eindelijk wettelijk geregeld wordt. Maar tegenstanders vrezen voor de privacy van burgers en waarschuwen dat de wet averechts werkt. "Ik maak me hier ernstig zorgen over."  ( 7 min )

De stakingen in ons land volgen elkaar in rap tempo op. In het streekvervoer en de ziekenhuizen worden ze het maar niet eens over loonsverhogingen. Datzelfde geldt voor ING, waar maandag een ultimatum verloopt. Hoe komt het dat de cao-onderhandelingen zo moeizaam verlopen? Vier vragen en antwoorden.  ( 4 min )

De stakingen in ons land volgen elkaar in rap tempo op. In het streekvervoer en de ziekenhuizen worden ze het maar niet eens over loonsverhogingen. Datzelfde geldt voor ING, waar maandag een ultimatum verloopt. Hoe komt het dat de cao-onderhandelingen zo moeizaam verlopen? Vier vragen en antwoorden.  ( 4 min )

(Bloomberg) -- More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls to limit the fallout of the bank’s collapse and avoid a possible “extinction-level event” for tech companies. Most Read from BloombergStartup Bank Had a Startup Bank RunFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around WorldSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender,  ( 48 min )

It's entrepreneurs and their employees and vendors who are "feeling the pain," Cuban said.  ( 46 min )

Some hedge funds and banks are offering to buy deposits trapped at the failed Silicon Valley Bank, according to reports on Saturday.  ( 23 min )

The online marketplace and the software firm joined other companies citing deposits held at Silicon Valley Bank, which regulators closed on Friday.  ( 23 min )

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(Bloomberg) -- Bank runs. Stiffening Federal Reserve resolve against inflation. Credit risk, and the risk of recession. Investors absorbed a lot of shocks the last few days. Shaking them off all at once may be impossible.Most Read from BloombergStartup Bank Had a Startup Bank RunFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around WorldSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Col  ( 47 min )

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(Bloomberg) -- The fallout from the failure of Silicon Valley Bank reached further into crypto, unhinging a key cog in the market that’s meant to be among the safest digital assets in the space. The second-largest stablecoin, USD Coin traded as low as 81.5 cents as investors digested the exposure of its issuer Circle Internet Financial Ltd. to Silicon Valley Bank, which had just collapsed in one of the largest failures in US banking history. Most Read from BloombergStartup Bank Had a Startup Ban  ( 49 min )

Andrew Yang, a businessman and Democratic political candidate in multiple races, urged for government action on the collapse of Silicon Valley Bank warning of mass layoffs.  ( 47 min )

(Bloomberg) -- The rapid failure of Silicon Valley Bank is threatening to upend a rebound in credit markets that had been luring investors back to even some of the riskiest corporate borrowers.Most Read from BloombergStartup Bank Had a Startup Bank RunSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSilicon Valley Bank Swiftly Collapses After Tech Startups FleeFrom Santa Clara to Shoreditch, SVB Fallout Spreads Around Wo  ( 48 min )

It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday. California Gov. Gavin Newsom said Saturday that he's talking with the White House to help "stabilize the situation as quickly as possible, to protect jobs, people's livelihoods, and the entire innovation ecosystem that has served as a tent pole for our economy.”  ( 51 min )

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To avoid a hard landing for the economy, central bankers may have to accept an inflation rate above 2%.  ( 26 min )

Silicon Valley Bank stumbled due to a mismatch of assets and liabilities, a mistake reminiscent of the thrift crisis of the 1970s.  ( 24 min )

Etsy sent out an email Friday to its sellers informing them of the transaction freeze, and some have complained that they cannot do anything until Monday morning.  ( 48 min )

USDC, a stablecoin that is supposed to trade one-to-one against U.S. dollars, has fallen below $1 on Saturday, after creator Circle said it had over $3.3...  ( 24 min )

(Bloomberg) -- The Federal Deposit Insurance Corporation added a few new employees to its payroll late Friday, taking on workers from shuttered SVB Financial Group, at least for a few weeks, as it serves as receiver of the collapsed lending institution. Most Read from BloombergSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSilicon Valley Bank Swiftly Collapses After Tech Startups FleeSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitStartup Bank Had a Startup Bank Run  ( 47 min )

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Mark Cuban raised questions about how regulators had allowed Silicon Valley Bank to end up in such a vulnerable position, and demanded that the Federal Reserve take immediate action.  ( 47 min )

A large order for Boeing jets is expected to coincide with the launch of a new Saudi national airline.  ( 28 min )

Bill Ackman warns some businesses may not be able to meet payroll if they can't get access to uninsured deposits held by the failed Silicon Valley Bank which...  ( 25 min )

The Roth IRA five-year rule applies in three situations and dictates whether withdrawals get dinged with penalties.  ( 21 min )

Investors who can commit to 10 years or more should stick with stocks. Not that it’ll be easy, with an inverted yield curve that could signal recession, tepid growth, and elevated inflation. Plus, three top insurance picks.  ( 24 min )

Depositors can't get their money out. Payrolls might not be met next weekend. And small companies, especially in the fast growing technology industries, might soon face closure as their assets are frozen. There will be a lot of nervousness when the financial markets open on Monday morning following the collapse of the Silicon Valley Bank in the United States and the decision by the Bank of England to take control of its London arm.  ( 48 min )

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Walt Disney Company's theme park pricing may have increased too aggressively, CEO Bob Iger said Thursday, in a speech at the Morgan Stanley Technology, Media and Telecom Conference.  ( 46 min )

Silicon Valley Bank was forced to shutter after its core depositors — startup companies — took their money out in a shocking bank run, leaving many...  ( 26 min )

(Bloomberg) -- The fallout from the collapse of Silicon Valley Bank is starting to spread around the world. Most Read from BloombergSVB’s 44-Hour Collapse Was Rooted in Treasury Bets During PandemicSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowStartup Bank Had a Startup Bank RunSVB’s Auction Block Includes VC-Focused Lender, Wealth UnitSVB’s UK unit is set to be declared insolvent, has alread  ( 47 min )

Silicon Valley Bank grew too fast using borrowed money—and the risks were lurking in plain sight.  ( 26 min )

The fallout from the collapse of Silicon Valley Bank is impacting a range of startups and larger firms including, as we know now from SEC filings, publicly traded companies like Roku, Roblox, Quotient, and others. Roku said in a filing that it had around $487 million held at SVB, representing around 26% of its cash and cash equivalents as of March 10, 2023, as Variety was first to report. "At this time, the Company does not know to what extent the Company will be able to recover its cash on deposit at SVB," Roku's filing stated.  ( 48 min )

Video shows customers lining up outside a Silicon Valley Bank location in Menlo Park, California, on Friday. The bank was seized by California regulators after it went insolvent as customers rushed to access their deposits.  ( 47 min )

If you have money in a checking, saving or other depository account, it is protected from financial downturns by the FDIC. Beyond that, investment products are more exposed to risk, but you can still take some steps to protect yourself. … Continue reading → The post Is My Money Safe in the Bank During a Depression? appeared first on SmartAsset Blog.  ( 47 min )

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An annuity can provide a steady stream of income for retirement. This type of insurance contract allows you to pay a premium up front, then receive payments from the annuity company at a later date. Annuities offer some financial advantages, … Continue reading → The post Who Should Not Buy an Annuity? appeared first on SmartAsset Blog.  ( 49 min )

Tackle your way to financial success.  ( 49 min )

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The crypto industry banker was hard hit by the bankruptcy of FTX, and on Wednesday announced that it will close operations and liquidate its bank  ( 25 min )

The 99-year-old investing legend has spoken.  ( 47 min )

These recession-resilient names offer above-average dividend yields and decent growth prospects.  ( 21 min )

Avoid these money moves so you can retire with peace of mind.  ( 50 min )

More happening in markets than the SVB bank blowup.  ( 47 min )

Bill Gates looks for income, too. This is how he gets it.  ( 47 min )

Credit card and travel company American Express announced a 15% increase to its quarterly dividend.  ( 24 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Circle's USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners.  ( 46 min )

(Bloomberg) -- On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the US financial system.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Spectacularly Fails After Unthinkable  ( 49 min )

(Bloomberg) -- The ripple effects of one of the biggest US bank runs in over a decade are reaching a wide variety of businesses, as companies from startups to vineyard owners raise alarms. Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Races to Prevent Bank Run as  ( 48 min )

As SoFi shares fell Friday amid the fallout over Silicon Valley Bank's collapse, the financial-technology company's chief executive bought up stock.  ( 24 min )

With financial stocks reeling, the U.S. central bank is likely to hold its federal-funds increase to a quarter-point this month.  ( 24 min )

Yesterday at around noon in Los Angeles, investor Mark Suster of the venture firm Upfront Ventures began urging "calm" on Twitter. Silicon Valley Bank had bungled its messaging on Wednesday around an effort to strengthen its balance sheet, and startup founders were beginning to fear that their deposits at the tech-friendly, 40-year-old institution were at risk. "More in the VC community need to speak out publicly to quell the panic about @SVB_Financial," wrote Suster, saying he believed in the bank's health and arguing that the biggest risk to startups, the VCs to whom the bank has long catered, and to SVB itself would be "mass panic."  ( 51 min )

(Bloomberg) -- Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing. Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Races to Preven  ( 47 min )

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(Bloomberg) -- Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s  ( 47 min )

Not all plastic is equal. Learn the difference among the three kinds of cards, and how each can affect your finances.  ( 16 min )

Here's how to know if you have a bad credit score and the steps you can take to improve it if you do.  ( 19 min )

How many credit cards you have is less important to your credit score than how you use them.  ( 16 min )

Bad credit can make it difficult to qualify for new credit. Learn whether you can pay to remove bad credit information and whether it's worth it.  ( 18 min )

A breakdown of the average credit score for each major U.S. racial group, with explanations of why some groups may be disadvantaged in scoring models.  ( 17 min )

In the U.S. today, it doesn't take much to generate significant medical debt, even when you're young.  ( 17 min )

The credit scores that you can get for free usually aren't the same ones that lenders pull.  ( 18 min )

A home inspection is an examination of the condition and safety of a piece of real estate, often conducted when the home is being sold.  ( 18 min )

Both title loans and payday loans carry risks that outweigh the benefits, but a title loan uses your car as collateral, while a payday loan does not.  ( 17 min )

A marginal benefit is the added satisfaction or utility a consumer enjoys from an additional unit of a good or service.  ( 17 min )

Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity.  ( 18 min )

It is never too late to start saving money you will use in retirement. However, the older you get, the more constraints may limit your options.  ( 15 min )

The Roth IRA five-year rule applies in three situations and dictates whether withdrawals get dinged with penalties.  ( 21 min )

Unemployed individuals can take money out of their 401(k), but they should do so carefully. Here's how to make 401(k) withdrawals when unemployed.  ( 18 min )

Investopedia policies regarding editorial, advertising, privacy, and terms of use.  ( 64 min )

Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 41 min )

As the economic effects of the pandemic continue to fade, more people are getting back into the workforce—some groups more than others, charts of labor force participation show.  ( 11 min )

Distributions are payments that derive from a designated account, such as income generated from a pension, retirement account, or trust fund.  ( 17 min )

Stock analysis is the evaluation of a particular trading instrument, an investment sector, or the market as a whole. Stock analysts attempt to determine the future activity of an instrument, sector, or market.  ( 19 min )

For 2022 taxes filed in 2023, the fully refundable Child Tax Credit is $2,000 for children under age 17.  ( 19 min )

Making sure you have a large enough nest egg to retire on is a challenge. Here’s how to accomplish the task, one step at a time.  ( 20 min )

There are different ways to move your retirement funds from a TSP to a Roth IRA, and taking the wrong step could prove costly.  ( 18 min )

Bedrijven als Shell, Unilever en Ahold Delhaize hebben vorig jaar miljardenwinsten geboekt. De multinationals profiteerden vooral van de hogere prijzen. En dat terwijl consumenten flink last hebben van de duurdere boodschappen en de hoge energierekening. Ondertussen blijven de lonen achter en zien werknemers hun koopkracht verdampen.  ( 7 min )

Silicon Valley Bank (SVB) is vrijdag door de autoriteiten in de Amerikaanse staat Californië gesloten nadat het niet was gelukt om geld op te halen met de uitgifte van nieuwe aandelen. Daardoor kon de bank niet langer aan haar verplichtingen voldoen. De federale overheidsdienst FDIC is aangesteld als bewindvoerder.  ( 3 min )

Silicon Valley Bank (SBV), a prominent lender to the technology industry, was shut down by federal regulators Friday in one of the largest bank failures in U.S. history,  ( 1 min )

U.S. stocks finished a down week with additional losses on March 10, with concerns over the fall of Silicon Valley Bank dragging down the markets.  ( 1 min )

News of the day for March 10, 2023  ( 1 min )

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(Bloomberg) -- Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failure.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise  ( 48 min )

The JPMorgan Equity Premium Income Fund (NYSEARCA:JEPI) has become a hit in the ETF world thanks to its 12.2% dividend yield and its monthly payout. While many investors are likely familiar with JEPI thanks to the considerable level of fanfare it has garnered as it has grown to $21.8 billion in assets under management (AUM), they may not be as familiar with JEPI’s newer and somewhat less heralded cousin — the JPMorgan Nasdaq Premium Income ETF (NASDAQ:JEPQ). There are some notable differences be  ( 49 min )

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Deliveries of the wide-body jets had been halted in February over a regulatory documentation issue.  ( 26 min )

Streaming platform Roku Inc. on Friday said it “does not know” to what extent it would be able to recover the cash it has deposited with the recently-failed...  ( 22 min )

The chief executive of Silicon Valley Bank cashed out stock and options for a $2.27 million net gain in the weeks before Friday's collapse, public filings show.  ( 24 min )

(Bloomberg) -- Greg Becker sat in a red armchair at an invite-only conference in Los Angeles last week, legs crossed, one hand cutting through air. Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisStartup Bank Had a Startup Bank RunSVB Spectacularly Fails After Unthinkable Heresy Becomes Reality“We pride  ( 51 min )

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For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout.  ( 49 min )

Apple's annual shareholders' meeting was held on Friday and despite some controversy and disagreements, the company won support for each of its voting proposals.  ( 11 min )

“I've never seen a balance sheet crumble this quickly,” says Dale Wettlaufer, a partner at Bleecker Street Research who shorted the stock in January.  ( 50 min )

(Bloomberg) -- The problems that triggered SVB Financial Group Inc.’s death spiral were hiding in plain sight in the firm’s earnings reports.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies to Withdraw Mon  ( 48 min )

The e-signature company warned of a worsening macroeconomic backdrop, and analysts raised concerns about stepped-up competition.  ( 24 min )

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Good-quality banks are getting painted with the same brush stroke as those that appear to be vulnerable to collapse  ( 20 min )

Grantham blamed a “horror show” of Fed policies for a bear market he says likely won’t bottom out until late next year.  ( 47 min )

The bank, whose shares have lost 35% of their value in the past week, sought to calm investors on Friday.  ( 26 min )

President and CEO Greg Becker sold $3.6 million of shares through a trading plan in late February. The company didn't immediately respond to a request for comment.  ( 23 min )

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(Bloomberg) -- SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge: how to close their positions.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thi  ( 46 min )

There were 561 bank failures from 2001 through 2022, according to data from the FDIC.  ( 26 min )

(Bloomberg) -- Startup founders are beginning to worry about whether they’ll be able to keep paying employees following the failure of Silicon Valley Bank.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSilicon Valley Bank Swiftly Collapses After Tech Startups FleeSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies t  ( 48 min )

SVB Financial faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash.  ( 29 min )

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The giant brokerage firm's stock dropped as much as 20% on Thursday and Friday.  ( 23 min )

(Bloomberg) -- Silicon Valley Bank became the biggest US lender to fail in more than a decade after a tumultuous week that saw an unsuccessful attempt to raise capital and a cash exodus from the tech startups that had fueled the lender’s rise.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founder  ( 48 min )

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Here are some questions and answers to help explain what happened.  ( 24 min )

Silicon Valley Bank has been closed by the FDIC after the bank failed to raise fresh capital and stem deposit outflows that sent the institution into crisis this week.  ( 49 min )

The British pound initially fell hard during the course of the trading week, but by the time we got through the jobs number we reversed completely to show more hesitation than anything else.  ( 46 min )

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(Bloomberg) -- The worst two-day stretch since 2016 for Charles Schwab Corp. looks like a case of bad timing for the buyers behind a large block trade in the brokerage.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashSilicon Valley Bank Collapses in Biggest Failure Since 2008Peter Thiel’s Founders Fund Advises C  ( 47 min )

SVB Financial Group, which was shut down by regulators on Friday, was a lender to clean energy firms like Sunrun, which is the largest residential solar developer in the U.S.  ( 24 min )

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The spike in interest rates has been devastating for the value of their securities portfolios, meaning many carry around billions in unrealized losses that could pose a problem if funding dries up.  ( 49 min )

By John Jannarone Shares of Philadelphia-based regional bank Republic First Bancorp, Inc. (Nasdaq: FRBK) jumped as much as 10% Friday morning after the company announced it had agreed to a $125 million equity capital raise, the culmination of a strategic review it began in September. The bank said it would sell shares to affiliates of […] The post Republic First Shares Jump 10% on News of $125 Million Capital Raise appeared first on CorpGov.  ( 47 min )

Warren Buffett's conglomerate Berkshire Hathaway was sitting $129 billion of cash at the end of 2022. The company could put some of that to work soon.  ( 24 min )

Silicon Valley Bank has been closed by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation (FDIC)...  ( 23 min )

JinkoSolar Holding Co., Ltd (NYSE: JKS) reported a fourth-quarter FY22 revenue growth of 85.5% year-on-year to $4.41 billion, beating the consensus of $3.81 billion. The sequential and year-over-year increases were mainly attributable to the rise in the shipment of solar modules. Quarterly shipments of 16,802 MW were up 73.3% Y/Y and 54.8% sequentially. Gross margin was 14.1% for the quarter, compared to 16.1% in 4Q21. The decrease was mainly due to an increase in the cost of silicon. The operat  ( 46 min )

UBS analyst Erika Najarian on Friday said First Republic Bank does not have the same exposures as ailing technology sector lender SVB Financial Group the...  ( 23 min )

The tech-focused lender was seeking a buyer after scrapping a plan to shore up its finances through a capital raise.  ( 26 min )

J.P. Morgan raised its price target for General Electric stock to $100 from $88 a share. A few days ago the target was $50.  ( 24 min )

(Bloomberg) -- US regulators arrived at the California offices of SVB Financial Group as the troubled lender struggled to stabilize its finances, according to people familiar with the matter.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBC  ( 48 min )

(Bloomberg) -- While this week’s bank-stock drama blindsided most of the market, at least one corner of Wall Street spied trouble ahead.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still R  ( 49 min )

U.S. Treasury Secretary Janet Yellen says Friday she's tracking Silicon Valley Bank’s problems as it deals with big losses.  ( 23 min )

Treasury Secretary Janet Yellen said the department is "carefully" monitoring the situation at Silicon Valley Bank and others as fears ripple through the financial system.  ( 48 min )

I doubt I am the only investor making a flight to quality move.  ( 13 min )

(Bloomberg) -- Bond traders are quickly lowering their expectations for how high the Federal Reserve will push the borrowing costs — while also once again fully pricing in a rate cut from the peak level by year-end — as banking sector concerns mount. Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowPeter Thiel’s  ( 47 min )

The US dollar initially tried to rally during the trading session on Friday but gave back those gains as we continue to see a lot of noisy behavior as the Non-Farm Payroll announcement came out.  ( 47 min )

(Bloomberg) -- First Republic Bank and PacWest Bancorp both plunged Friday as the upheaval at SVB Financial Group spread to other lenders.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advi  ( 47 min )

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(Bloomberg) -- SVB Financial Group is in talks to sell itself after attempts to raise capital amid a bank run failed, CNBC reported.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank  ( 46 min )

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Sentiment shifts periodically on Wall Street, and you could argue Cathie Wood might be the prime example of fortune reversal. Once an investor favorite and hailed as a pioneer with a portfolio jam-packed with the novel and cutting-edge, Wood’s reputation has been tarnished over the past year and a half as her growth-oriented investing style went out of fashion in the post-pandemic climate. Does that mean Wood is ready to desert her strategy of backing innovative yet risky and often unprofitable  ( 49 min )

SVB Financial Group stock is retaining advisers for a potential sale of the company amid a liquidity crunch, CNBC-TV’s David Faber reported on Friday. The...  ( 22 min )

Shares in a technology fund that counts the banking app Revolut among its investments have plunged by almost a fifth as panic over the US Silicon Valley Bank spreads to the UK.  ( 45 min )

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I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.  ( 50 min )

You don’t need to be 65 to start collecting these dividend checks.  ( 48 min )

Oracle is enjoying strong momentum in its cloud business.  ( 24 min )

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(Bloomberg) -- SVB Financial Group shares extended their plunge before being halted in premarket trading for pending news as prominent venture capitalists recommended companies withdraw their money from the lender, sparking further worries over its financial health and liquidity in the wider banking sector.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Compa  ( 47 min )

Stock futures reversed course and turned upward after the job report, though concerns about the health of the banking sector drove a selloff in global markets.  ( 27 min )

SVB Financial gets downgraded at Raymond James and Truist as reports by Bloomberg and The Wall Street Journal spark concerns about liquidity.  ( 24 min )

Apple Inc. stock was downgraded to sell from neutral by Lightshed analysts on Friday, based on a more conservative outlook for iPhone sales and moderating...  ( 23 min )

(Bloomberg) -- Stock market investors are getting a harsh reminder about the risks posed by banking industry turmoil.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesSVB Races to Prevent Bank Run as Funds Advise Pulling CashIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%US stocks are heading for the w  ( 49 min )

SVB Financial shares are tumbling again on Friday, while Gap, Allbirds and DocuSign are also sliding, as Roblox and Barnes & Noble Education head the other way.  ( 24 min )

UBS analyst Steven Fisher bumps the stock to Sell from Hold. He cut his price target to $225 from $230 a share.  ( 23 min )

BoA Securities analyst John Murphy reinstated coverage of Rivian shares with a Buy rating, but lowered his target for the EV company's stock price.  ( 23 min )

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The ultimate, lucrative fire sale.  ( 50 min )

U.S. stock futures were mixed Friday morning ahead of a crucial jobs report that will provide another snapshot of the strength of the economy and provide further clues to the path of the Fed's rate-hiking campaign.  ( 47 min )

The struggles of SVB Financial are spooking investors across the banking world, highlighting the new risks posed by rising interest rates.  ( 49 min )

Prospects for profitability are disappointing, say analysts. Investors were hoping margins would improve faster after it reduced staff numbers by 10% last month.  ( 23 min )

The PayPal Mafia veteran claimed new hires were given "fake work", adding that mass layoffs seen in the sector are overdue.  ( 47 min )

SVB Financial Group the parent of Silicon Valley Bank, saw its stock tumble more than 42% in premarket trade Friday, in a continued response to reports late...  ( 23 min )

Hedge fund giant Bill Ackman has inserted his two cents into the Silicon Valley Bank debacle, suggesting a government bailout in a Twitter thread on Friday.  ( 24 min )

Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 27 min )

Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com  ( 27 min )

Shares were down almost 4% in premarket trading after it posted slightly disappointing revenue for last quarter but topped expectations for earnings.  ( 23 min )

(Bloomberg) -- Government bonds surged and stocks slid as signs of distress at a California lender spurred broader worries over the US banking sector’s debt holdings.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game  ( 49 min )

The budding crisis in the banking world has created another challenge for Jay Powell and the Federal Reserve as they try to tame inflation with interest rate hikes.  ( 48 min )

The budding crisis in the banking world has created another challenge for Jay Powell and the Federal Reserve as they try to tame inflation with interest rate hikes.  ( 49 min )

SVB Financial extends sharp losses after the bank was forced to sell securities to realign its portfolio in response to higher interest rates, Oracle reports fiscal third-quarter revenue that missed analysts' estimates, and DocuSign swings to a quarterly profit but the stock slides.  ( 24 min )

CATL, the world's largest EV battery maker caught the attention of President Xi Jinping earlier this week, who said he was both "happy and worried" by its market leadership.  ( 23 min )

(Bloomberg) -- US stocks hanging on Federal Reserve policy signals are boxed in a “neurotic” trading range that will only break once economic data unambiguously point to a recession, Bank of America Corp. strategists say.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains  ( 47 min )

The entire banking sector is being called into question after SVB Financial Group said a drop in deposits is causing problems.  ( 24 min )

(Bloomberg) -- US banks can contain contagion risk and system stress stemming from the turmoil unleashed by Silicon Valley Bank, Mohamed El-Erian said.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add M  ( 46 min )

Stock markets have plunged in London and across Europe as concerns over the US banking sector hammer financial institutions.  ( 54 min )

The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy."  ( 49 min )

Panic spread in tech circles about the financial health of Silicon Valley Bank, a major lender to fledgling companies, as the firm said Thursday it was holding a $2.25 billion share sale after a significant loss on its portfolio. Dani Burger reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en  ( 47 min )

(Bloomberg) -- Global stocks slumped on Friday and Treasuries rallied on concern that pockets of trouble in the US banking sector could portend broader dangers as higher interest rates start to bite.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner  ( 47 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

(Bloomberg) -- China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest maker of batteries for electric vehicles.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisIn Biden’s Tax-the-Rich Budge  ( 49 min )

Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive off a chunk of their businesses in 2023. What investors need to know.  ( 24 min )

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(Bloomberg) -- The US government should consider a “highly dilutive” bailout of SVB Financial Group if a private capital solution can’t be provided, according to Pershing Square founder Bill Ackman.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add More PolishBiden to Urg  ( 47 min )

AI is here, whether we’re ready or not. The headlines and buzz around the recent launch of ChatGPT is only the tip of a much larger iceberg. The chatbot uses ‘generative AI’ tech, a machine learning system with the ability to create text, images, videos – and even computer code – that successfully mimics human communications, and it promises to stir up far more than just the tech industry. At it base, AI technology involves a computer system that has been fed a huge amount of data, enough that i  ( 50 min )

(Bloomberg) -- Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the start of a much bigger problem?Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to A  ( 49 min )

Startup founders are pulling cash from Silicon Valley Bank, even as some VCs say the panic is overblown and fueling the fire.  ( 49 min )

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Kohl’s in November 2022 named Tom Kingsbury as Michelle Gass' interim successor, to begin in December, when Gass would resign as CEO.  ( 17 min )

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U.S. stocks finished a down week with additional losses on March 10, with concerns over the fall of Silicon Valley Bank dragging down the markets.  ( 11 min )

The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.  ( 19 min )

Apple's annual shareholders' meeting was held on Friday and despite some controversy and disagreements, the company won support for each of its voting proposals.  ( 11 min )

President Joe Biden made the first move Thursday in a high-stakes contest over the federal budget. Now, it’s the Republicans’ turn.  ( 12 min )

Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.  ( 18 min )

A pattern day trader (PDT) is a regulatory designation for traders who execute four or more day trades over a five-day period in a margin account.  ( 18 min )

The SIPC and FDIC insure against personal financial ruin when banks or brokerages go belly up.  ( 17 min )

Find out how lending cash to family or friends can put a strain on your relationship and your bank account. Learn how to make family loans safely.  ( 16 min )

Silicon Valley Bank (SBV), a prominent lender to the technology industry, was shut down by federal regulators Friday in one of the largest bank failures in U.S. history,  ( 12 min )

Rates on 30-year loans have inched a little higher, adding a few more basis points to rise further above 7%. Most other averages showed little or no gain.  ( 12 min )

A swingline loan is a type of loan that gives borrowers access to a large amount of cash for a short period of time. It can also be used as a line of revolving credit to draw on as needed.  ( 12 min )

Self-directed retirement accounts typically offer a broader range of investment choices than regular 401(k) and IRA plans.  ( 20 min )

Delisting is the removal of a security from a stock exchange.  ( 17 min )

How, or if, you should withdraw 403(b) funds depends on a number of factors and options available to you.  ( 17 min )

U.S. citizens and resident aliens with foreign income can claim the foreign tax credit to offset income taxes paid abroad and limit double taxation.  ( 18 min )

Learn what distinguishes Roth, traditional, and SEP IRAs from one another and which of these retirement accounts might be the best for you.  ( 20 min )

A tax rate is a percentage at which an individual or corporation is taxed. A progressive tax rate imposes higher payments as income increases.  ( 17 min )

Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 16 min )

Small businesses are grappling with worker shortages amid the tightest labor market in decades. Close to half or 47% of small businesses have job openings they can’t fill, according to the latest monthly jobs report by the National Federation of Independent Business (NFIB).  ( 10 min )

The labor force participation rate is a measurement of an economy’s active workforce.  ( 24 min )

The unified tax provides a set amount you can gift to family and friends during your lifetime and upon death before gift and estate taxes apply.  ( 18 min )

U.S. employers added more jobs than economists expected last month, highlighting the labor market’s resilience amid a thawing economy, as the Federal Reserve raises interest rates to cool inflation.  ( 11 min )

Learn how personal loan interest rates work, how rate types differ, and what the average interest rate is on a typical personal loan.  ( 20 min )

A bonus issue is an offer of free additional shares to existing shareholders.  ( 16 min )

E*TRADE and TD Ameritrade offer comprehensive suites of investment and trading products, but TD Ameritrade has the edge, due to its better options analytics and educational offerings.  ( 21 min )

News of the day for March 10, 2023  ( 11 min )

The limit for contributions to traditional and Roth IRAs for 2023 is $6,500, plus $1,000 if the taxpayer is age 50 or older.  ( 23 min )

Learn the key differences between the standard 401(k) plan and the 408(k) plan, which is meant for smaller employers.  ( 16 min )

You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 21 min )

De waarde van de bitcoin is vrijdag gedaald tot ongeveer 19.900 dollar (zo'n 18.600 euro). Het is voor het eerst sinds medio januari dat de grootste cryptomunt minder dan 20.000 dollar waard is. Verwachte renteverhogingen, mogelijke strengere regels en problemen bij cryptobank Silvergate deden de koers van de munt geen goed.  ( 3 min )

Het kabinet komt dit jaar niet meer met extra maatregelen om de koopkracht te verbeteren. Het blijft bij het "historische" pakket van 12 miljard euro en het energieplafond. Dat zei minister Karien van Gennip (Sociale Zaken en Werkgelegenheid) vrijdag voor het begin van de wekelijkse ministerraad.  ( 4 min )

Vrijwel overal waar windmolens worden geplaatst, protesteren omwonenden. De verantwoordelijke gemeenten en provincies laten inwoners veelvuldig meepraten, maar dat zorgt vaak niet voor extra draagvlak of grote aanpassingen aan de plannen. "Wat je ook doet, de weerstand blijft."  ( 6 min )

Reizigers ondervinden ook vrijdag hinder van stakingen in het streekvervoer in Friesland, Groningen, de Achterhoek en Limburg. Er rijden vooral minder bussen. Werkgevers en vakbonden gaan weer in gesprek na een oproep van reizigersorganisatie Rover. Werkgevers riepen eerder op de dag al op tot een adempauze en een tijdelijke stop van de stakingen.  ( 5 min )

Deze winter geeft NU.nl je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )

Reizigers ondervinden ook op vrijdag hinder van stakingen in het streekvervoer in Friesland, Groningen, de Achterhoek en Limburg. Er rijden vooral minder bussen. Werkgevers in het streekvervoer roepen vakbonden er ondertussen toe op een adempauze van zes weken in te lassen en weer om de onderhandelingstafel te gaan zitten.  ( 4 min )

De Britse economie is in januari met 0,3 procent gegroeid ten opzichte van een maand eerder. Eind vorig jaar was nog een forse krimp te zien.  ( 3 min )

Om jongeren bewust te maken van hun schermtijd, voegde TikTok recent een timer aan de app toe. Die waarschuwt als ze een bepaalde tijd hebben doorgebracht in de app. Ook voor andere apps bestaat deze functie. Maar de meldingen kun je makkelijk wegtikken om door te gaan. Experts twijfelen over het nut van zo'n timer.  ( 4 min )

Steeds meer jongeren in Nederland kiezen voor het loodgietersvak. De opleidingen tot sanitairinstallateur krijgen meer inschrijvingen en daarmee is sprake van een omslag, constateert branchevereniging Techniek Nederland.  ( 4 min )

News of the day for March 9, 2023  ( 1 min )

U.S. stocks dropped on March 9, 2023, with a selloff in the financial sector and concerns that strong jobs data could lead to more interest rate hikes.  ( 1 min )

Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 1 min )

Het ziekteverzuim onder werknemers lag in het vierde kwartaal van 2022 opnieuw hoger dan in dezelfde periode een jaar eerder, zo blijkt vrijdag uit cijfers van statistiekbureau CBS. Vanaf 2016 is dat elk jaar zo geweest.  ( 4 min )

Het kabinet wil een staking onder rechters en officieren van justitie voorkomen. Daarom biedt minister Franc Weerwind (Rechtsbescherming) extra geld en bemiddeling tegen werkdruk.  ( 3 min )

Voedselbanken denken dat ze meer klanten krijgen als de armoede oploopt, zoals het Centraal Planbureau (CPB) donderdag voorspelde. Ook kringloopwinkels verwachten dat het bij hen drukker wordt.  ( 4 min )

103.000 ondernemers die achterlopen met het aflossen van coronaschulden bij de Belastingdienst worden met brieven gemaand om het geld terug te betalen of uitstel aan te vragen. In april is voor de fiscus de maat vol.  ( 4 min )

Autoconcern BMW zag vorig jaar de omzet en winst met tientallen miljarden stijgen. Dat terwijl het bedrijf in 2022 juist minder auto's verkocht. De goede verdiensten zijn het gevolg van prijsverhogingen.  ( 3 min )

In het bloed van Nederlandse boeren worden verhoudingsgewijs veel bestrijdingsmiddelen aangetroffen en huisstof op boerderijen bevat maar liefst 144 soorten landbouwgif. Europese normen bieden weinig bescherming, omdat die niet kijken naar de totale gezondheidseffecten van gelijktijdige blootstelling aan meerdere middelen. Onderzoekers vrezen voor tal van ziekten, waaronder parkinson, kanker en verminderde vruchtbaarheid.  ( 10 min )

McDonald's heeft besloten om de bekende Franse frietjes van aardappels in Frankrijk enkele weken te vervangen door groentefriet die is gemaakt van bietjes, wortels en pastinaak.  ( 3 min )

Oud-Shell-topman Ben van Beurden krijgt over afgelopen jaar een beloning van 9,7 miljoen pond (bijna 11 miljoen euro). Dat is anderhalf keer zoveel als een jaar eerder. Dat blijkt uit het jaarverslag dat het energieconcern donderdag heeft gepubliceerd.  ( 3 min )

Achmea, de grootste verzekeraar van het land, verhoogt de prijzen van sommige verzekeringen. Dat doet het vanwege de hoge inflatie, meldt het bedrijf donderdag bij de presentatie van zijn jaarcijfers.  ( 3 min )

China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen. Dat heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld. Het gaat om onder meer technologieën van chipfabrikant ASML.  ( 3 min )

China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen, heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld.  ( 3 min )

Als de laagste inkomens het in 2024 moeten stellen zonder de tijdelijke toeslagen (zoals die voor energie) belanden veel Nederlanders in de armoede. Volgens een schatting van het Centraal Planbureau (CPB) zitten volgend jaar 995.000 Nederlanders, onder wie veel kinderen, onder de armoedegrens.  ( 6 min )

China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen, heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld.  ( 3 min )

Netbeheerder Alliander kan de stijgende vraag naar elektriciteit nauwelijks aan. Het bedrijf heeft dan ook grote moeite om het netwerk in rap tempo uit te breiden nu consumenten en bedrijven meer elektrische auto's, zonnepanelen en warmtepompen hebben aangeschaft.  ( 3 min )

De Europese Bank voor Wederopbouw en Ontwikkeling (EBWO) investeert de komende twee jaar zo'n 1,5 miljard euro in de wederopbouw en het herstel in de Turkse regio's die vorige maand werden getroffen door zware aardbevingen.  ( 3 min )

Doordat tijdelijk beleid voor lagere inkomens wegvalt, belanden veel Nederlanders volgend jaar in armoede. Volgens ramingen van het Centraal Planbureau (CPB) zitten in 2024 995.000 Nederlanders onder de armoedegrens. Onder hen veel kinderen.  ( 3 min )

Een Spaanse man moet zijn ex-vrouw ruim 204.000 euro betalen vanwege het werk dat zij thuis verrichte tijdens hun huwelijk. De vrouw verzorgde gedurende die 25 jaar vooral het huishouden, terwijl de man de kost verdiende. Dat terwijl het tweetal niet in gemeenschap van goederen was getrouwd, waardoor de vrouw bij de scheiding met lege handen achterbleef.  ( 3 min )

Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.  ( 47 min )

Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.  ( 48 min )

SVB Financial Group fell more than 22% in the extended session Thursday as reports surfaced that several funds are advising clients to pull money from...  ( 23 min )

Required minimum distributions (RMDs) are a part of life for 401(k) and IRA account holders once they hit age 73, but there are ways to limit them.  ( 18 min )

The S&P 500 faces strong resistance up to 4200, writes Lawrence McMillan.  ( 28 min )

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Silicon Valley Bank lost over half its value after investors bailed on the shares following plans for a large capital raise.  ( 46 min )

It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on itself that it had to be rescued by another bank or else risk going down in flames in a single day. If you’re just catching up, here’s what happened: Silicon Valley Bank lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. The plan was to sell $1.25 billion of its common stock to investors, $500 million in convertible preferred shares, and $500 million of its common stock in a separate transaction to the private equity firm General Atlantic.  ( 48 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Oracle Corp. shares fall in the extended session after the software company's revenue comes in a hair below the Wall Street consensus.  ( 24 min )

The electronic-signature software company also said its CFO will resign later this year.  ( 23 min )

(Bloomberg) -- Oracle Corp. reported quarterly sales in line with analysts’ estimates after its cloud business failed to meet expectations for higher growth. The shares declined in extended trading.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add More PolishRookie Traders Are Earnin  ( 48 min )

DocuSign Inc. shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street...  ( 23 min )

A brutal day for banks drags down stocks on Thursday.  ( 25 min )

Adjusted earnings per share came in at $1.22, above expectations for $1.20.  ( 23 min )

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(Bloomberg) -- SVB Financial Group Chief Executive Officer Greg Becker held a conference call on Thursday advising clients of SVB-owned Silicon Valley Bank to “stay calm” amid concern about the bank’s financial position, according to a person familiar with the matter. Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Rookie Traders Are  ( 47 min )

Securities lawyer Tom Grady, known as one of the nation’s leading investment fraud attorneys, is preparing for potential litigation against the nation’s biggest crypto exchanges  ( 49 min )

Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.  ( 26 min )

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U.S. stocks extended losses in the final hour of trade on Thursday, while awaiting Friday's February employment data that could help decide how large an...  ( 26 min )

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Mizuho analyst Vijay Rakesh maintains Rivian Automotive Inc (NASDAQ: RIVN) with a Buy and lowers the price target from $37 to $35. RIVN announced a $1.3 billion green convertible senior note offering. Rakesh believes the offering proceeds will likely fuel capex investments at Normal and potentially Georgia while adding ~$60 million - $69 million annual interest expense leading to an estimated ~$0.07 annual negative EPS impact. Rivian noted F24E cash burn to improve by ~40% versus F23E, with an e  ( 47 min )

An enormous loss at the Silicon Valley Bank parent has wreaked havoc across the sector.  ( 24 min )

President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies  ( 47 min )

Stocks started the day higher, then wobbled by midday, after jobless claims showed that the labor market is still strong.  ( 28 min )

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Biden's budget proposal rolled out Thursday included a new provision that would close a loophole currently available to crypto investors that could raise up to $24 billion in revenue.  ( 47 min )

General Motors is laying out its plan to extract $2 billion in cost savings, and it seems reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an opportunity to make a career change or retire earlier. We are offering three packages based on level and service to the company. Employees are strongly encouraged to consider the program,” a GM spokesperson said in a statement sent to Yahoo Finance. “By permanently bringing down structured costs, we can improve vehicle profitability and remain nimble in an increasingly competitive market.”  ( 48 min )

Here's why investors should be particularly aware of any signs of low volume (and I'm not talking about on those AirPods).  ( 11 min )

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While Buffett's stock picks may seem appealing, heed another piece of his advice: "I don’t think most people are in a position to pick single stocks."  ( 24 min )

Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 12 min )

Silvergate shares fell Thursday after the crypto bank announced that it would be liquidating, raising new doubts about the relationship between traditional banks and the crypto world.  ( 48 min )

President Joe Biden formally rolls out his proposed budget for the 2024 fiscal year.  ( 26 min )

Shares of the company, the parent of Silicon Valley Bank, were the worst performer in the S&P 500.  ( 24 min )

Executives of Pactiv Evergreen sold over 50,000 shares of company stock days before announcing the closure of a historic Canton, North Carolina, paper mill.  ( 46 min )

Dubbed “Snailbrook,” the 3,500-acre community will house workers from SpaceX, Tesla and Boring.  ( 47 min )

Investors seeking safety and yield should look to more broadly diversified money funds, researchers say  ( 26 min )

Apple's stock has gotten a second vote of confidence from a Wall Street analyst in the last week.  ( 47 min )

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The auto maker, which didn’t specify how many employees are eligible, is looking to cut $2 billion in annual fixed costs.  ( 25 min )

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SVB Financial Group said it had sold large portions of its securities portfolio and would raise fresh capital, highlighting a broader problem for U.S. lenders who have seen rising interest rates hammer the values of their bondholdings.  ( 26 min )

Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.  ( 47 min )

Biden's budget proposal will unveil tax hikes on the rich, but experts say the big question is what happens to income taxes once Trump tax cuts expire in 2025  ( 28 min )

Successful retirement planning demands lots of saving and smart money management. But once you retire, how do you transition from saver to spender?  ( 20 min )

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Spring is coming up , and investors will need to break out the crystal ball when looking at the market conditions. There’s a growing consensus that even though inflation is down from last summer’s peak, it has plateaued at a high level. Watching the situation from banking giant JPMorgan, CEO Jamie Dimon takes the view that we won’t be getting back to the Fed target of 2% any time soon. Furthermore, while Dimon hails an economy that is “doing quite well” with plenty of jobs to go round, he also s  ( 49 min )

The question is, am I willing to own GE Vernova in order to also own GE Aerospace?  ( 15 min )

Emerging markets expert Mark Mobius reportedly said he is betting big on semiconductor shares as the U.S. and China hike investments in the sector. Chipmakers are "the number one category we have in our portfolio," Mobius told Bloomberg Television. The companies associated with the sector are going to do well as "both the U.S. and China are putting enormous amounts of money in semiconductor research and production," he added. Also Read: ‘Very Bullish’ Mark Mobius Predicts India’s IT Sector To Pl  ( 46 min )

Partners with Zurich-Based Virtual I Technologies Insurtech Player for Introducing the Solution on a Global Basis  ( 49 min )

Shares of General Motors Co. slipped 0.1% in premarket trading Thursday, after the automaker announced a voluntary separation program (VSP) that is expected...  ( 23 min )

The U.S. Inflation Reduction Act will be a key driver of growth for the company that makes electricity from hydrogen.  ( 23 min )

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(Bloomberg) -- General Electric Co. expects profit margins at its aviation division to continue to expand over the long term as an independent business, the company said Thursday.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMore Eye-Drop Products Recalled in US for Possible ContaminationMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneGE Aerospace,  ( 46 min )

The euro initially tried to pick up its pace during the early hours on Thursday, but it seems like we are struggling to gain any real traction.  ( 47 min )

Annuities are designed to provide you with a consistent stream of income for retirement. If you're interested in adding an annuity to your financial plan, you may be wondering when you should consider purchasing one. The best age to buy … Continue reading → The post What Is the Best Age to Buy an Annuity? appeared first on SmartAsset Blog.  ( 50 min )

Did you just find out that you overcontributed your 401(k) plan? If you act quickly, you can minimize the damage. But if you wait, the tax bill and inconveniences will multiply. So if you've overcontributed to your 401(k), the plan … Continue reading → The post What to Do When You Overcontribute to Your 401(k) appeared first on SmartAsset Blog.  ( 48 min )

Tesla's ambitious goals for EV production means demand for lithium, which go into lithium ion batteries, will accelerate.  ( 24 min )

Shares of General Electric Co. rallied 2.6% toward a near two-year high in premarket trading Thursday, after the aerospace, power and renewable energy...  ( 23 min )

Stock futures were lower early Thursday ahead of a trading session that falls between the week's two biggest market moving events.  ( 46 min )

JD.com, Inc (NASDAQ: JD) reported fourth-quarter FY22 revenue growth of 7.1% year-on-year to $42.84 billion, beating the consensus of $42.73 billion. JD Segment Performance: JD.com's net product revenue grew 1.2% Y/Y to $34.4 billion. Net service revenues rose 40.3% Y/Y to $8.4 billion. JD Retail revenue grew 3.6% Y/Y to $37.5 billion. Margin: Non-GAAP operating margin expanded by 150 bps to 2.5%. Non-GAAP net income per ADS of $0.70 beat the consensus of $0.50. JD.com generated $1.75 billion in  ( 45 min )

(Bloomberg) -- Silvergate Capital Corp. spent its final days under siege.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneMore Eye-Drop Products Recalled in US for Possible ContaminationBombarded by short sellers, deserted by depositors and shunned by business partners, executives at the crypto-focused b  ( 49 min )

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ARK Invest bought 69,329 shares of EV maker Tesla worth about $12.6 million on Wednesday.  ( 24 min )

Shares of SVB Financial Group plummeted 30.6% to pace all of the S&P 500’s premarket losers on Thursday, which puts them on track for the worst one-day...  ( 23 min )

(Bloomberg) -- JD.com Inc. posted a 7% rise in quarterly revenue, slightly below expectations, as Chinese online consumer spending remained volatile during an economic downturn.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneSri Lanka Rupee to Reverse and Plummet 23%, Fitch Solutions SaysThat pace of gr  ( 48 min )

Two ex-Apple execs have a strong roster of investors—and five years of mystery around what they’re building.  ( 48 min )

The North Sea’s biggest oil producer has warned it will be forced to cut staff and investment as it claimed its profits were all but wiped out Rishi Sunak’s windfall tax.  ( 48 min )

Yes, there's math. No, it's not that hard.  ( 49 min )

Signature Bank stock is down 11% in premarket trades as carnage from the announced wind-down of digital currency financial services company Silvergate...  ( 22 min )

A closed-end U.K. fund has been delivering dividends for decades. Their secret: a balanced exposure to countries and styles.  ( 27 min )

On March 8, 2023, Asana, Inc (NYSE: ASAN) Chair and CEO Dustin Moskovitz shared plans to purchase up to 30 million shares after the close of trading on March 9. The stock purchase is under trading plan Rule 10b5-1(c). The earliest the trading plan may execute is June 8, 2023, and the trading plan expires on December 29, 2023. On March 8 after hours, Asana reported fourth-quarter revenue growth of 34% year-on-year to $150.2 million, beating the consensus of $145.1 million. Adjusted operating loss  ( 46 min )

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Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )

(Bloomberg) -- With the most sell ratings in the Nasdaq 100 Stock Index, Intel Corp. is running ever lower on fans. Things have gotten so bad that even analysts brave enough to recommend buying are striking a cautious tone.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneSri Lanka Rupee to Reverse and Pl  ( 49 min )

Wall Street is out with some hot calls.  ( 47 min )

The U.S.-listed shares of JD.com Inc. rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit...  ( 23 min )

If you're retiring and have a Health Savings Account at work, you may trigger an audit that could cost you in penalties and fees.  ( 26 min )

Asana Chairman and CEO Dustin Moskovitz, the company's founder, discloses plans to buy up to 30 million shares of the software company’s Class A common stock, MongoDB issues revenue forecasts that miss analysts' expectations, and Silvergate Capital is winding down crypto-focused lender Silvergate Bank.  ( 23 min )

Time flies. But it also crashes.  ( 49 min )

Shares dropped 5% in Zurich after the Swiss lender said that U.S. regulators had been in touch.  ( 24 min )

The Swiss bank delayed the report to address a late-night request from the U.S. Securities and Exchange Commission for more information on how it restated cash flows after restructuring its divisions.  ( 24 min )

A hawkish Jerome Powell is upending market expectations of a "no landing" scenario.  ( 48 min )

Investors are looking for clarity after some recent data surprises.  ( 25 min )

The company was lifted by news its founder plans a huge stock purchase. Analysts said shares of the business software provider could rise to $34 from $22.  ( 23 min )

(Bloomberg) -- Credit Suisse Group AG delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements, adding a further complication as the bank works on a turnaround.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneRookie Traders Are Earning $400,000 in One Unlikely Marke  ( 47 min )

Credit Suisse's share price hit a low in the weeks since the 2022 results on uncertainty about its future, with analysts fearing that recent large outflows...  ( 23 min )

Politicians hate buybacks. Companies love them—and right now they show no signs of stopping.  ( 24 min )

(Bloomberg) -- AirPods maker GoerTek Inc.’s Vietnam business chief is leaving the company, days after the executive outlined how Apple Inc.’s Chinese suppliers are likely to move capacity out of the country far faster than anticipated to pre-empt fallout from escalating Beijing-Washington tensions.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsYour Next Holiday Flight Will Cost a FortuneRookie Traders Are E  ( 46 min )

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(Bloomberg) -- Veteran emerging-markets investor Mark Mobius said he is betting big on semiconductor shares as the US and China increase investments in the sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsYour Next Holiday Flight Will Cost a FortuneRookie Traders Are Earning $400,000 in One Unlikely Markets HubSri Lanka Rupee to Reverse and Plummet 23%, Fitch Solutions SaysChipmakers are “the number on  ( 48 min )

(Bloomberg) -- Silvergate Capital Corp. spent its final days under siege.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsYour Next Holiday Flight Will Cost a FortuneIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Rookie Traders Are Earning $400,000 in One Unlikely Markets HubBombarded by shortsellers, deserted by depositors and shunned by business partners, executives at the crypto-focused bank  ( 49 min )

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(Bloomberg) -- Just months before Silvergate Capital Corp. announced that it was winding down, banking’s first casualty from the crypto industry’s implosion, a company called Block.one was boosting its investment.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Deepest Bond Yield Inversion Since Volcker S  ( 48 min )

CEO Dustin Moskovitz announced plans to buy up to 30 million Asana shares, with nearly $700 million.  ( 23 min )

A retirement budget helps you manage your money after you stop working. Our guide shows you how to successfully budget for each stage of retirement.  ( 21 min )

Our guide for how to get out of debt in 8 steps will help you pay off your debt quickly to save money. Learn about the top strategies for becoming debt-free.  ( 17 min )

Mortgage rates increased for the fifth consecutive week, and combined with elevated home prices, the high rates on home loans are limiting sales.  ( 11 min )

Teachers have some special things to consider in planning for retirement, especially if they aren't eligible for Social Security benefits.  ( 20 min )

Required minimum distributions (RMDs) are a part of life for 401(k) and IRA account holders once they hit age 73, but there are ways to limit them.  ( 18 min )

U.S. stocks dropped on March 9, 2023, with a selloff in the financial sector and concerns that strong jobs data could lead to more interest rate hikes.  ( 11 min )

If your employer offers a 401(k), a 403(b), or a 457(b) retirement plan, you may consider the Roth option, which is more pain now for big gain later.  ( 18 min )

If you plan to retire within the next 10 years, you still have time to boost your 401(k) contributions and make other moves to increase your savings.  ( 22 min )

Personal loans from friends, family, and employers fall under common categories of debt that can be discharged in the case of bankruptcy.  ( 16 min )

Taking out a personal loan can affect your credit score in a number of ways⁠—both good and bad. Repaying it in a timely manner is key to a healthy score.  ( 17 min )

Apple Inc. will host its annual shareholder meeting on Friday. Here are the key points for investors to track.  ( 12 min )

As a Roth IRA beneficiary, you can open an Inherited Roth IRA, but there are other choices, depending on your relationship with the original account holder.  ( 20 min )

Working families would get new tax credits and help paying for child care, while the wealthy would get a raft of new taxes under President Joe Biden’s budget plan.  ( 13 min )

A stretch loan is a form of financing for an individual or a business that's intended to cover a short-term gap in the borrower's income. It can be convenient but also costly.  ( 14 min )

Michael Barr has said the Federal Reserve is working with other regulators to determine "whether and how" crypto can be aligned with safe banking.  ( 11 min )

Marfrig Global Foods, Celsius Holdings, and e.l.f. Beauty are top for value, growth, and momentum, respectively.  ( 17 min )

Economics professor Linda M. Hooks shares critical advice for would-be borrowers contemplating taking out a personal loan.  ( 17 min )

Investopedia rounds up the best educational content for students, teachers, and anyone else interested in learning personal finance and investing.  ( 28 min )

Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 11 min )

Mortgage rates are climbing again, with the 30-year average gaining more than a tenth of a point to move further above 7%.  ( 12 min )

Car insurance is meant to protect financially you if you're involved in an accident. Learn about six types of car insurance coverage and what they do.  ( 19 min )

The federal poverty level is an economic measure used to decide whether an individual or family qualifies for federal benefits and programs.  ( 15 min )

People who are unbanked or underbanked must use expensive alternative financial services instead of credit cards and bank accounts. Learn how to become banked.  ( 21 min )

A tax shield is a reduction in taxable income by claiming allowable deductions such as mortgage interest and medical expenses.  ( 16 min )

From why things don't all cost the same to how investing works, money can be a puzzling topic for children. Here’s how to answer some of their more common questions.  ( 22 min )

A CFPB report calls out illegal fees in auto, student, and mortgage lending spaces. President Joe Biden is trying to crack down on them.  ( 11 min )

Silvergate's share price crashed more than 37% at Thursday's open after the firm said it will close its crypto bank operations.  ( 10 min )

Here is the A to Z of checking accounts: types of accounts, basics on check writing, debit cards, overdraft protection and much more.  ( 23 min )

Brookfield Renewable, Excelerate Energy, and Central Puerto S.A. lead for value, growth, and momentum, respectively.  ( 14 min )

Market risk is the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets.  ( 23 min )

In the United States, sales tax is calculated as a percentage of the retail price of certain goods or services. Legislated and regulated at the state level, it provides revenue for government operations. Sales tax is a consumption tax paid by consumers at the point of sale and remitted to the government by businesses.  ( 15 min )

Families have several options for paying for a funeral, including using life insurance funds, withdrawing money from a savings account, and prepaying for a funeral in advance.  ( 15 min )

In 2014, Warren Buffett announced that he would give whoever could correctly guess every game of the NCAA men’s basketball tournament $1 million a year for life. What are the odds that someone could win the challenge?  ( 17 min )

The NCAA pulls in about a billion dollars each year in revenue on the tournament from media rights fees, ticket sales, corporate sponsorships, and television ads.  ( 17 min )

Successful retirement planning demands lots of saving and smart money management. But once you retire, how do you transition from saver to spender?  ( 20 min )

News of the day for March 9, 2023  ( 12 min )

New leasing activity is up as higher mortgage rates encourage renting over buying.  ( 11 min )

The sale of collectibles can lead to a cash windfall. However, proceeds are heavily taxed because collectibles are not considered economic drivers.  ( 17 min )

Property tax abatements can increase your home's value without increasing your property taxes. Here's how to make the most of them.  ( 18 min )

A tax lien certificate is a claim against property that has a lien placed upon it as a result of unpaid property taxes.  ( 18 min )

A stretch IRA is an estate planning strategy that can extend the tax-deferral benefits of an inherited IRA for generations. The strategy has been largely abolished but existing stretch IRAs are grandfathered in.  ( 16 min )

Home daycare insurance is essential if you provide childcare in your home. Learn what home daycare insurance is, how much it costs, and which companies offer it.  ( 17 min )

Crypto bank Silvergate Capital said it will wind down operations and liquidate, sending shares tumbling.  ( 11 min )

News of the day for March 8, 2023  ( 1 min )

U.S. stock markets were mixed on March 8, 2023, as Fed Chair Jerome Powell concluded his testimony before Congress and markets digested new jobs data.  ( 1 min )

Cloud software firm Salesforce.com (CRM) introduced artificial intelligence (AI) technology using ChatGPT to help companies connect with customers.  ( 1 min )

Shares of alcoholic beverage maker Brown-Forman (BF.B) dropped after the company reported a decline in profits, citing higher costs.  ( 1 min )

Shares of Tesla (TSLA) slipped on news of a safety investigation into the steering wheels on its Model Y SUVs and an analyst downgrade.  ( 1 min )

Shares of cybersecurity company CrowdStrike (CRWD) are rising 5% in early trading Wednesday after the company posted earnings that topped analyst estimates and offered an optimistic revenue outlook.  ( 1 min )

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 1 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Datadog's software suffered an outage after midnight Wednesday, and it persisted through the trading session as shares declined nearly 4%.  ( 24 min )

While Tesla’s recent Investor Day might have lacked the punch some investors were hoping for, CEO Elon Musk did double down on the need for a sustainable energy economy and stressed that it doesn’t have to come at the expense of other necessities. “There is a clear path to a sustainable-energy Earth,” Musk said. “It doesn’t require destroying natural habitats. It doesn’t require us to be austere and stop using electricity and be in the cold or anything.” “In fact,” Musk went on to add, “you coul  ( 49 min )

Silvergate said late Wednesday it would wind down operations after a run on the bank caused by crypto outflows led to mounting losses for the firm.  ( 48 min )

The company said its liquidation plan includes the full repayment of all deposits and that most deposit-related services will remain available during its wind-down.  ( 23 min )

MongoDB Inc. shares dropped in the extended session Wednesday after the database company’s revenue outlook overshadowed better-than-expected results. MongoDB...  ( 23 min )

Uber Technologies Inc. shares rose in extended trading Wednesday, up about 3%, after a report that the company is considering spinning off its struggling...  ( 22 min )

Asana Inc. on Wednesday reported and forecast narrower-than-expected losses, saying the figures reflected a firmer path to profitability.  ( 24 min )

(Bloomberg) -- Short sellers are making a fortune by loading up on bets against struggling crypto-friendly bank Silvergate Capital Corp.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Deepest Bond Yield Inversion Since Volcker Suggests Hard LandingGlobal Investors Contemplate Fallout From US Rates Reaching 6%Shares have plunged roughly 98% from a November 2021 p  ( 46 min )

Tesla stock has fallen for three consecutive days and six of the past seven. Shares are down about 10% since the March 1 investor event.  ( 23 min )

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 12 min )

Many stocks are under pressure recently.  ( 47 min )

BlackRock Inc., the world's largest asset manager, is putting a 6% level for U.S. interest rates on the map --- a view that is only gaining more traction.  ( 26 min )

Top healthcare stocks include Theravance Biopharma for best value, Signify Health for fastest growth, and TransMedics Group for most momentum.  ( 15 min )

Intrepid Potash, Benson Hill, and Wabash National lead for value, growth, and momentum, respectively.  ( 16 min )

Bed Bath & Beyond Inc (NASDAQ: BBBY) has received approximately $135 million in gross proceeds, for a cumulative total of $360 million through Mar. 7, 2023, upon exercise of preferred stock warrants issued in its previously announced public equity offering. On Feb. 7, 2023, the company completed an underwritten public offering that raised initial gross proceeds of $225 million, enabling the company to receive up to an additional $800 million. The company has used proceeds received to date to rep  ( 46 min )

U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Powell said...  ( 24 min )

A Roth conversion is one of the many tools in the financial toolbox to reduce taxes in retirement and maximize income. But not all retirees or those planning their retirement consider converting their savings into Roth assets, mainly because it … Continue reading → The post Want to Leave Assets to Your Heirs? Consider Using a Taxable Account to Pay for a Roth Conversion appeared first on SmartAsset Blog.  ( 49 min )

Income investors are always on the hunt for higher-dividend yields, but too often stocks with high-dividend yields can be yield traps that are at risk of being cut. But higher yields do not always make a stock risky. Sometimes yields rise because a sector is out of favor because of economic conditions. That’s been the case since May 2022 with real estate investment trusts (REITs), as inflation and interest rate hikes have decimated the share prices of many REITs from what they were in 2021. Here  ( 47 min )

U.S. banking giant JPMorgan (JPM) is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Back in early 2020, JPMorgan took on Gemini and U.S.-listed exchange Coinbase as customers, the Wall Street Journal reported. Coinbase's banking relationship with JPMorgan remains intact, a spokesperson for the San Francisco-based exchange confirmed.  ( 46 min )

Fed's Jerome Powell hinted in February that inflation hikes would slow because disinflation was underway. But on Tuesday, he seemed to backtrack.  ( 48 min )

It’s time to brush up on yield curve inversions (again). They’ve predicted every recession since 1955.  ( 48 min )

Four years after two advisors’ recruiting move went haywire, a Finra arbitration panel ordered Morgan Stanley to pay damages to the advisors and rival Charles Schwab.  ( 23 min )

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The Pacer U.S. Cash Cows ETF has been a strong performer since the bull market for stocks ended.  ( 27 min )

Tesla Inc.'s stock on Wednesday extended its losses to a third session after Chief Executive Elon Musk's criticism of a laid-off Twitter employee went viral.  ( 24 min )

President Joe Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint. The White House has consistently called into question Republicans' commitment to what it considers a sustainable federal budget.  ( 49 min )

Tesla stock has fallen for three consecutive days and six of the past seven. Shares are down about 10% since the March 1 investor event.  ( 23 min )

Humane is raising $100 million in a new round of funding and plans to launch a product this spring that incorporates AI into a consumer device.  ( 26 min )

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(Bloomberg) -- Federal Reserve Chair Jerome Powell stressed that policymakers had not yet made up their minds on the size of their interest-rate increase later this month and said it would hinge on incoming data on jobs and inflation.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Your Next Holiday Flight Will Cost a FortuneGlobal Investors Contemplate Fallout From US Rates Reaching 6%Deepest Bond Yield I  ( 49 min )

United Natural Foods Inc (NYSE: UNFI) reported a second-quarter FY23 sales increase of 5.4% year-on-year to $7.82 billion, beating the consensus of $7.77 billion. The company attributed the sales growth to inflation and new business. Gross margin for the quarter was 13.7% versus 14.5% last year. The gross profit fell 0.6% to $1.1 billion. Operating margin was 0.8%, and operating income for the quarter declined 49.6% to $63 million. Adjusted EBITDA of $181 million decreased 17.7% Y/Y. Adjusted EP  ( 46 min )

I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.  ( 49 min )

The Treasury yield curve is sending the market a stark warning about recession risks with the difference between 2-year and 10-year Treasury yields reaching the widest since 1981 on Tuesday.  ( 48 min )

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Apple's stock gained Wednesday after analyst Dan Ives at Wedbush raised his price target, citing signs that iPhone demand is rising in China.  ( 24 min )

Citadel's Ken Griffin said the Fed cannot work magic, so it must avoid making its job of tackling inflation harder by confusing markets.  ( 47 min )

Lavish extras, especially at tech firms, are disappearing.  ( 47 min )

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For investors, the stock market is always a game of risk and reward, and no segment exemplifies that better than the penny stocks. Defined as stocks trading at a price of less than $5, the pennies bring an ultra-low cost of entry to the table, along with a powerful potential for strong gains. At these low initial prices, even a small incremental increase in share price will quickly translate into a high-percentage gain on the initial investment – and for penny stocks’ fans, gains of 200% or even  ( 50 min )

Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.  ( 48 min )

The food distributor withdrew its long-term financial targets after missing earnings expectations in the second fiscal quarter.  ( 23 min )

The company said it received an additional $135 million and has entered into an updated agreement with creditors.  ( 23 min )

Recent events show again why Tesla investors wish Elon Musk would Tweet less.  ( 24 min )

Shares of Qualcomm Inc. gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its...  ( 23 min )

CrowdStrike beats earnings and outlook expectations, sending the stock higher.  ( 24 min )

Retirement isn't always planned. For most people, reaching retirement age means finishing a lifetime of hard work. They have saved up enough to rest and enjoy their days without a daily grind. That isn't always the case though. Occasionally someone … Continue reading → The post How to Handle a Forced Retirement appeared first on SmartAsset Blog.  ( 51 min )

Based on the median costs of living in most parts of America, $5 million is more than enough for a very comfortable retirement. Based on average market returns, $5 million can support many households indefinitely. However, it also depends on … Continue reading → The post Is $5 Million Enough to Retire at 60? appeared first on SmartAsset Blog.  ( 50 min )

Don't wallow in fear — take advantage of it.  ( 49 min )

AerCap Holdings N.V. (NYSE: AER) announced that a subsidiary of General Electric Company (NYSE: GE) is offering 18 million shares of AerCap through an underwritten public offering. GE subsidiary GE Capital US Holdings, Inc. expects to grant the underwriters a 30-day option to purchase up to 2.7 million additional shares. AerCap will not receive any proceeds from the sale of the shares. AerCap has also agreed with GE Capital to repurchase $500 million of its shares at a price per ordinary share e  ( 45 min )

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Warren Buffett's Berkshire Hathaway now holds a roughly 22.1% stake in Occidental Petroleum.  ( 24 min )

AMC has been on 'The Threshold List' for over three weeks, indicating a number of Failures to Deliver, according to CEO Adam Aron.  ( 24 min )

Bank of America Corp. stock dipped 0.2% in premarket trade after falling more than 3% in the regular session on Tuesday. Odeon Capital downgraded the...  ( 23 min )

Tesla's stock is poised to shift into neutral, according to one analyst.  ( 48 min )

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Even the world’s richest man is impressed.  ( 48 min )

Tesla's stock drops again, Fresh Track Therapeutics' shares soars upon initial clinical trial results  ( 24 min )

Warren Buffett's Berkshire Hathaway now holds a roughly 22.1% stake in Occidental Petroleum.  ( 24 min )

Bed Bath & Beyond Inc. said Wednesday it has received about $135 million in gross proceeds from the exercise of preferred stock warrants that were issued as...  ( 23 min )

U.S. futures edged higher ahead of the open as Wall Street awaits for Powell to testify before the House Financial Services Committee Wednesday morning.  ( 48 min )

Shares of United Natural Foods Inc. plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal...  ( 23 min )

Jerome Powell called for even higher rates in his Senate Banking Committee testimony Tuesday; that could mean even better rates for savers.  ( 25 min )

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Diversey Holdings Ltd. stock is rallying by 37% in premarket action on Wednesday after the Bain Capital-backed chemical company agreed to a $4.6 billion...  ( 22 min )

When they were asked to jump-start the UK’s ailing car industry in the 1980s, Japanese car makers helped turn an industry marred by strikes and unpopular vehicles back into an export market for the UK, bringing faster and more efficient car building methods.  ( 49 min )

(Bloomberg) -- US mortgage rates increased for a fourth week to the highest level since mid-November, according to the Mortgage Bankers Association.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Global Investors Contemplate Fallout From US Rates Reaching 6%Powell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareThe con  ( 47 min )

You may only live once — but make sure you stay on top of your financial planning too.  ( 49 min )

BNP Paribas is predicting more pain in store for both stocks and bonds.  ( 26 min )

Biden’s high-earners tax plan, Buffett’s Berkshire buys more Occidental Petroleum stock, and other news to start your day.  ( 23 min )

China’s passenger car retail sales shrank almost 20% in the first two months of this year.  ( 26 min )

Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )

Haraldur "Hallie" Thorleifsson, from Reykjavík, Iceland, appealed to Musk over the weekend to determine his employment status.  ( 25 min )

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Is a 'golden visa' your golden ticket?  ( 49 min )

‘We, as a family, tend to live beyond our means, but I amplify that with my secret addiction.’  ( 27 min )

Saving money now is more lucrative than it has been in about 15 years, with some accounts paying 4% or more.  ( 28 min )

CrowdStrike issues an outlook for its fiscal first quarter and year that tops analysts' estimates, fiscal second-quarter revenue at Stitch Fix falls from a year earlier, and Warren Buffett's Berkshire Hathaway buys more shares of Occidental Petroleum.  ( 24 min )

America’s biggest oil gushers are shrinking, evidence that companies have drilled through much of their best wells and are poised to reach a plateau in productivity  ( 27 min )

(Bloomberg) -- As stock markets take another pummeling, more traders are hiding out in credit markets.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareXi’s Frustration at Biden Grows With Warning of ConflictCitadel’s Griffin Sees Setup for US Recession After ‘Traumatic’ InflationThey’re finding refuge in top-quality bonds, esp  ( 48 min )

CrowdStrike beat earnings and outlook expectations in the fourth quarter, sending the stock higher early Wednesday.  ( 24 min )

U.S. stock futures were struggling to recover from the latest sell-off as worries about a more hawkish Federal Reserve continued to push up bond yields.  ( 25 min )

(Bloomberg) -- Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareXi’s Frustration at Biden Grows With Warning of ConflictCitadel’s Griffin Sees Setup for US Recession After ‘Traumatic  ( 47 min )

(Bloomberg) -- Global stock markets struggled on Wednesday, after comments from Federal Reserve Chair Jerome Powell boosted interest rate wagers, drove up Treasury bond yields and revived fears that the world’s largest economy will not be able to dodge a recession.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededCitadel’s Grif  ( 48 min )

(Bloomberg) -- The price of Russian crude and fuel is rising for buyers in Asia as a pool of bigger customers from China and India expands, putting pressure on smaller refiners that have eagerly consumed the cheap oil.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededXi’s Frustration at Biden Grows With Warning of ConflictCitad  ( 48 min )

The offshore oil-and-gas industry has $214 billion of new project investments lined up in the next two years, according to Rystad Energy.  ( 25 min )

Warren Buffett's Berkshire Hathaway now owns 200.2 million shares in Occidental Petroleum following the latest $355 million investment.  ( 46 min )

With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 16 min )

Berkshire bought about 5.8 million shares of Occidental in a batch of sales Friday, Monday and Tuesday, according to a Tuesday filing with the Securities and...  ( 23 min )

(Bloomberg) -- Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catastrophe With Moves to ‘Contain’ B  ( 48 min )

(Bloomberg) -- Sea Ltd.’s stunning 22% pop tacked on more than $900 million to the personal wealth of founder Forrest Li, a vindication for the Chinese-born internet tycoon who presided over the worst year in his company’s history.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates  ( 48 min )

Warren Buffett's Berkshire Hathaway now holds a roughly 21.6% stake in Occidental Petroleum.  ( 23 min )

(Bloomberg) -- A possible peak of 6% for US interest rates is rippling through markets, as more investors start to weigh the knock-on effect of such a scenario on stocks, bonds and currencies.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catast  ( 49 min )

Inflation remains high, and that was on the mind of Jerome Powell as the Federal Reserve chair gave testimony to the Senate Banking committee today. Powell made it clear that the central bank is likely to lift interest rates higher than previously anticipated. Currently, the Fed’s key funds rate is set in the range of 4.5% to 4.75%. “Although inflation has been moderating in recent months, the process of getting inflation back to 2% has a long way to go, and is likely to be bumpy… The latest eco  ( 49 min )

(Bloomberg) -- Welcome to day two of CERAWeek by S&P Global in Houston. In the morning, Exxon Mobil Corp. Chief Executive Officer Darren Woods slammed Europe’s windfall profit tax on oil and gas producers, while US Special Presidential Envoy for Climate John Kerry called for finding ways to meet energy demand without undermining the transition to cleaner fuels.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund Medicar  ( 57 min )

De achtergestelde positie van vrouwen ten opzichte van mannen in Nederland verdwijnt de komende jaren sneller dan tot nu toe het geval was. Dat voorspelt de leider van de Nederlandse inbreng in een wereldwijd onderzoek naar ongelijkheid tussen mannen en vrouwen. Hij krijgt bijval van het Sociaal en Cultureel Planbureau (SCP) en experts.  ( 9 min )

Een Spaanse man moet zijn ex-vrouw ruim 204.000 euro betalen vanwege het werk dat zij thuis verrichte tijdens hun huwelijk. De vrouw verzorgde gedurende die 25 jaar vooral het huishouden, terwijl de man de kost verdiende. Dat terwijl het tweetal niet in gemeenschap van goederen was getrouwd, waardoor de vrouw bij de scheiding met lege handen achterbleef.  ( 3 min )

De waterschappen verwachten dit jaar meer dan 3,5 miljard euro belasting te heffen. Dat is 260 miljoen euro meer dan is begroot voor 2022. Huishoudens, boeren, natuurbeheerders en bedrijven in het gebied van het waterschap betalen deze heffingen.  ( 3 min )

Het kabinet gaat de export van chiptechnologie naar China beperken. Daarbij kijkt het vooral naar de Nederlandse chipmachinefabrikant ASML. Wat maakt dit bedrijf eigenlijk?  ( 3 min )

Het kabinet legt de export van Nederlandse chipmachines naar China verder aan banden. Dat zegt minister Liesje Schreinemacher (Buitenlandse Handel) woensdag tegen De Telegraaf. In een Kamerbrief over nieuwe exportrestricties voor de chipindustrie schrijft de minister dat die nodig zijn voor de "internationale veiligheid".  ( 4 min )

Energiebedrijven moeten ook na 1 april aan strengere voorwaarden voldoen voordat zij klanten met betalingsproblemen mogen afsluiten. Het kabinet had de regels eind vorig jaar tijdelijk veranderd om kwetsbare huishoudens de winter met hoge gasprijzen door te helpen.  ( 3 min )

Volkswagen wil versneld een grote batterijfabriek in de Verenigde Staten bouwen in plaats van een soortgelijke fabriek in Oost-Europa. Dat meldt de Britse zakenkrant Financial Times op basis van ingewijden. De Duitse autobouwer kan in de VS profiteren van veel subsidies. Onlangs besloot Tesla ook al investeringen te verschuiven van Duitsland naar de VS.  ( 3 min )

2,2 miljoen particulieren en ondernemers hebben in de eerste week van maart hun belastingaangifte gedaan. Dat zijn er 252.000 meer dan vorig jaar in de eerste week, blijkt uit de recentste cijfers van de Belastingdienst.  ( 3 min )

Europese economische cijfers over het einde van 2022 vallen slechter uit dan gedacht. De economie van de eurozone is in het vierde kwartaal toch niet gegroeid ten opzichte van de voorgaande drie maanden. Eerder meldde statistiekbureau Eurostat nog een groei van 0,1 procent. En in de hele EU was sprake van krimp in plaats van stagnatie.  ( 3 min )

De vierdaagse werkweek is bezig aan een opmars in ons land. Steeds meer mensen maken met hun werkgever de afspraak om een of twee dagen minder te werken. Het is niet voor niets dat het aantal deeltijders inmiddels is toegenomen tot ruim 4,6 miljoen. Bovendien werken we gemiddeld 32,2 uur per week en dat is minder dan in de rest van Europa.  ( 5 min )

Gasunie heeft ruim 200 miljoen euro afgeboekt op haar belang in de gaspijplijn Nord Stream. De leiding is in september gesaboteerd en wordt waarschijnlijk niet meer in gebruik genomen. Verder maakte de gastransporteur bekend dat topman Han Fennema in september terugtreedt.  ( 4 min )

Elon Musk heeft op Twitter excuses aangeboden voor het beledigen van een ontslagen medewerker. De miljardair zei eerder dat Haraldur Thorleifsson, die aan spierdystrofie lijdt, zijn aandoening gebruikt om niet te hoeven werken.  ( 3 min )

Mensen die hun baan in de zorg zijn kwijtgeraakt door langdurige en aanhoudende klachten na corona krijgen daar voorlopig geen geld voor. Vakbonden FNV en CNV hadden daarvoor een kort geding aangespannen, maar de eis is woensdag afgewezen door de rechtbank Den Haag.  ( 3 min )

Twitter verdient mogelijk voor de zomer al meer geld dan het socialemediabedrijf uitgeeft. Volgens eigenaar Elon Musk balanceerde het bedrijf de afgelopen tijd op de rand van de afgrond. De miljardair zegt een faillissement te hebben voorkomen door duizenden werknemers te ontslaan en flink in andere kosten te snijden.  ( 3 min )

We gaan steeds vaker op de fiets naar ons werk. Het aantal fietsritten naar kantoor is afgelopen jaar met ruim twee miljoen per werkweek gestegen. Mensen kiezen vooral voor de tweewieler vanwege het gemak en omdat het goed is voor de gezondheid.  ( 3 min )

Huishoudens hebben in januari ruim 6 procent meer besteed dan in dezelfde maand vorig jaar. We hebben vooral meer uitgegeven in de horeca, maar ook vaker bioscopen, theaters en musea bezocht. Verder kochten we meer kleding, textiel, schoenen en elektrische apparaten, zo blijkt woensdag uit cijfers van statistiekbureau CBS.  ( 3 min )

Expert Erica Sandberg explains how to escape a cycle of debt with several strategies. Learn about key tips for reducing and staying out of high debt.  ( 18 min )

Shares of alcoholic beverage maker Brown-Forman (BF.B) dropped after the company reported a decline in profits, citing higher costs.  ( 10 min )

Shares of Tesla (TSLA) slipped on news of a safety investigation into the steering wheels on its Model Y SUVs and an analyst downgrade.  ( 11 min )

A variable-rate certificate of deposit is an investment product with relatively low risk, but its interest rate can fluctuate, unlike most standard CD, which have fixed rates.  ( 17 min )

U.S. stock markets were mixed on March 8, 2023, as Fed Chair Jerome Powell concluded his testimony before Congress and markets digested new jobs data.  ( 11 min )

If your employer freezes your 401(k) plan, you can no longer contribute to your account or make withdrawals, but the money still belongs to you.  ( 16 min )

After rising natural gas prices shoved power generation costs higher last year, wholesale prices should drop considerably this year, government agency says  ( 12 min )

The top growth stocks this month include GlobalFoundries, Aptiv, and Ardagh Metal Packaging, which are leading peers in earnings growth.  ( 18 min )

If an individual is considered an employee, then the employer is responsible for taxes. If they are considered an independent contractor, they must report themself.  ( 14 min )

After dipping for two days, 30-year mortgage rates have reclaimed some ground with a small increase.  ( 12 min )

A Roth IRA conversion is a way to move money from a traditional, SEP, or SIMPLE IRA, or a defined-contribution plan like a 401(k), into a Roth IRA.  ( 17 min )

Here’s a look at the differences between private foundations and public charities, both of which are types of charitable organizations.  ( 18 min )

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 11 min )

Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.  ( 16 min )

Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.  ( 17 min )

An excise tax is an indirect tax charged by the government on the sale of a particular good or service.  ( 20 min )

A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.  ( 31 min )

Top healthcare stocks include Theravance Biopharma for best value, Signify Health for fastest growth, and TransMedics Group for most momentum.  ( 14 min )

Intrepid Potash, Benson Hill, and Wabash National lead for value, growth, and momentum, respectively.  ( 16 min )

If you’re looking for a job, there are still plenty of them to be had. Despite an uptick in layoffs, there were still 1.9 open positions per unemployed worker in January.  ( 11 min )

A credit card can help a child learn healthy money habits, but there are also some risks to consider. Learn about the pros and cons of giving a child a credit card.  ( 19 min )

Your Social Security is taxable if you meet specific income levels. Here are three strategies that can reduce the taxes if you're required to pay.  ( 23 min )

High mortgage rates hurt affordability and dampen demand, along with builders' confidence  ( 12 min )

Payroll provider ADP’s National Employment Report showed private sector employment increased by 242,000 last month, more than economists’ forecasts and above January’s upwardly-revised gain of 119,000.  ( 12 min )

Find out how and when withdrawals from your traditional or Roth IRAs and 401(k)s affect your tax bracket and how to keep your tax rate low.  ( 21 min )

Even if you planned carefully for your retirement years, you'll still need to manage your income, investments, and expenses in the years ahead.  ( 20 min )

Here's a list of what you need to qualify for a car title loan. Most important: having sole ownership of your car with no liens.  ( 15 min )

The fixed amortization method spreads retirees’ account balances over their respective remaining life expectancies, as estimated by IRS tables.  ( 15 min )

Schedule A (Form 1040 or 1040-SR) is an IRS form for U.S. taxpayers who choose to itemize their tax-deductible expenses rather than take the standard deduction.  ( 15 min )

Shares of cybersecurity company CrowdStrike (CRWD) are rising 5% in early trading Wednesday after the company posted earnings that topped analyst estimates and offered an optimistic revenue outlook.  ( 10 min )

The life expectancy method calculates IRA payments by dividing the balance of a retirement account by the policyholder’s anticipated length of life.  ( 15 min )

News of the day for March 8, 2023  ( 10 min )

IRAs have certain tax advantages that allow you to bolster your nest egg, but annual limits exist on how much you can contribute.  ( 21 min )

If you’re overwhelmed with debt, a debt management plan through a nonprofit credit counseling agency can help you pay it off. Learn how these plans work.  ( 16 min )

Form 1040-V: Payment Voucher is a payment voucher that you send to the IRS along with your tax return if you make a payment with a check or money order.  ( 17 min )

You can take money out of a Roth IRA, but learn when and how to do so to avoid any taxes and penalties. Read on to learn about Roth IRA withdrawal rules.  ( 25 min )

Donating to charity is a great way to show your giving spirit and save money on your taxes at the same time.  ( 16 min )

President Joe Biden is set to release his proposed budget on Thursday. Here are five things to expect.  ( 11 min )

For International Women’s Day, Investopedia asked female financial advisors what representation means to them and how the industry can improve.  ( 12 min )

Tax-deductible interest is a borrowing expense that taxpayers can claim on federal and state tax returns to reduce their taxable income and save money.  ( 18 min )

With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 16 min )

These refundable AMT credits helped taxpayers save on taxes, AMT bills and more – but expired in 2012.  ( 16 min )

Find out how your accounts are taxed and learn which forms you use to report your interest income.  ( 19 min )

CDs are FDIC-insured, so they do not lose money. However, broker-issued CD accounts do carry risks.  ( 18 min )

Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.  ( 53 min )

CrowdStrike Holdings Inc. shares surged in the extended session Tuesday after the cybersecurity company's earnings beat.  ( 25 min )

Shares of branding and marketing company Troika Media Group Inc. fell 51% after hours to 28 cents, following a 27% decline in the regular session after it...  ( 23 min )

Stocks moving in after hours: Stitch Fix, CrowdStrike  ( 46 min )

Charlie Munger is the billionaire extraordinaire who wears many hats, including being the director of Daily Journal Corp. and the longtime vice chairman of the legendary Warren Buffett's holding firm Berkshire Hathaway Inc. His decades-long experience in investing and finance makes him a force to be reckoned with. Munger has some advice for young investors who are looking to make their mark in the world of finance. He's warning the latest batch of college grads that getting rich and staying that  ( 47 min )

(Bloomberg) -- The bond market is doubling down on the prospect of a US recession after Federal Reserve Chair Jerome Powell warned of a return to bigger interest-rate hikes to cool inflation and the economy. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns  ( 48 min )